Revolutionizing Bitcoin Mining with Green Energy

Texas
Amount Sought: $9,500,000
Funding Wanted Details
Listed on Oct 30, 2023

About Us
Welcome to the future of Bitcoin mining. We are not just another cryptocurrency venture; we're a visionary leader in the industry, forging a new path to sustainability while unlocking the full potential of Bitcoin mining. Our unique focus on green energy solutions sets us apart, and we invite you to be a part of our exciting journey.

Sustainable Energy for Cryptocurrency: We're on a mission to change the face of Bitcoin mining. We leverage environmentally friendly solutions by harnessing flare gas from oil-producing sites. By using stranded natural gas as our primary energy source, we're committed to reducing carbon emissions while creating new revenue streams for oil producers.

Unmatched Efficiency: We aim to become the lowest-cost Bitcoin mining producer in the industry. With a team of experts in Bitcoin mining, renewable energy, technology, and environmental compliance, we are well-positioned to achieve this goal.

Operational Excellence: Our flagship location in the Oklahoma Panhandle is an off-grid, secured, and managed facility, boasting a 10-megawatt (MW) capacity in Phase I. We're fueled by 100% stranded natural gas, ensuring sustainability is at the core of our operations.

Growth Potential: We are currently seeking up to $9,500,000 USD to expand our existing operations. These funds will be used to purchase miners, procure gensets, and cover setup and logistical costs as we scale our 2MW site up to 8MW.

Experienced Leadership: Our management team is backed by seasoned industry professionals with extensive experience in corporate enterprise, technology, energy, capital markets, real estate, and financial services. We are committed to environmental stewardship and cost-effective, renewable resource utilization.

Investment Highlights:
*Low-Cost Production: Our average breakeven price is approximately $4,800 USD per Bitcoin, supported by a fixed-rate 5-year contract for natural gas at around $1.00/MMBTU.
*Strong Regulatory Relationships: We've established robust relationships with well owners and operators in business-friendly jurisdictions, giving us insights into potential regulatory changes.
*Reducing Harmful Emissions: We process stranded flare gas on-site that would otherwise go to waste, helping to reduce harmful emissions.
*Strategic Growth: We're scaling operations from 2MW to 8MW, and our state-of-the-art infrastructure is ready for deployment. Energy supply is secured through a 5-year futures contract for natural gas.

By investing you become a crucial part of the sustainable cryptocurrency revolution. Approximately half of methane venting occurs at well sites, making it an ideal resource for Bitcoin mining. We're committed to using vented methane to generate electricity at a significantly lower cost than public Bitcoin mining companies.

As utility regulators explore carbon abatement pricing plans, the attractiveness of using vented methane for Bitcoin mining continues to rise. Now is the time to be a part of this innovative, environmentally conscious, and financially promising venture.

change currency

Financials (USD)

Amount Sought $9,500,000

Type Sought Other

Use of Proceeds Growth Capital

Deal Terms

Offering Memorandum Or Prospectus Available? Yes

Willing To Pay Finders Fee? Available On Request

Willing to Co-Broker? Available On Request

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

Request Information

Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.

Sign Up

DealStream Awards & Reviews

More Listings Like This
Resources For Entrepreneurs