Energy Harbor Corp. announced a partnership with Standard Power to provide clean, reliable, carbon-free electricity for mining. They will provide electricity from their nuclear fleet to Standard Power’s new Bitcoin blockchain mining center in Coshocton, Ohio. The supply of electricity to Standard Power will begin in December 2021.
Energy Harbor President and Chief Executive Officer, John Judge said, “We are grateful that Standard Power has granted us the opportunity to serve them. We are happy to partner with customers who are focused on minimizing their impact on the environment while driving a new clean energy future in our local Ohio economy. This is another example of the value we provide to our customers and communities as we continue our growth strategy across all sales channels within our retail business.”
“Bitcoin blockchain mining centers are energy-intensive, and we recognize our responsibility to build a more environmentally sustainable future. We selected Ohio because of its low electricity costs with the availability of carbon-free sources of energy. By partnering with Energy Harbor, we have proactively structured our hosting capabilities to ensure that 100% of the power associated with this facility is carbon-free,” said Maxim Serezhin, Standard Power’s Chief Executive Officer.
The Bitcoin-Mining venture will begin in December 2021. This eco-friendly venture would revitalize the Ohio paper mill into a state-of-the-art facility and bring new jobs to
Bitcoin’s energy consumption has become a hot topic lately after Elon Musk’s company Tesla rejected Bitcoin as a mode of payment due to stated environmental concerns, citing a dependence on fossil fuel.
About Energy Harbor:
Energy Harbor is a financially secure independent power producer and retailer. It serves the best in class safety and operations with unmatched financial stability. Energy Harbor operates a fleet of nuclear and fossil fuel generators in Ohio, Pennsylvania and West Virginia.
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About Standard Power:
Standard Power is a leading hosting provider for blockchain mining companies. It providing services from early 2019 with a pipeline of over 1,000MW of power capacity in development. Standard Power leverages its infrastructure management expertise to develop modular data centers that lead the industry to efficiency. They have developed robust designs and systems to provide large scale blockchain mining infrastructure to its institutional partners.
