#United States #Renewable Energy #Bitcoin Mining #Sangha Renewables #West Texas

Sangha Renewables Launches New 20 MW Bitcoin Mining Facility

Sangha Renewables, a forward-thinking company focused on merging renewable energy generation with bitcoin mining, has taken a significant step in its mission by breaking ground on a 19.9-megawatt (MW) mining facility in West Texas. This ambitious project is developed in collaboration with a prominent independent power producer (IPP) and is strategically positioned on a large-scale solar energy site. By optimizing energy monetization and producing compliant bitcoin returns for investors, Sangha is setting the stage for a new era in sustainable energy technology.

The facility, which marks a crucial phase in Sangha's growth, is part of their broader initiative to transform untapped renewable assets into efficient, high-yield bitcoin infrastructure across the United States. In tandem with the project announcement, Sangha has successfully raised $14 million of its targeted $17 million equity round, funding the initial development of the site and paving the way for further scale-up of its groundbreaking operational model.

Co-founder and CEO Spencer Marr articulated the core philosophy of the company: "Sangha is not just building bitcoin mining sites—we're building a new model for how capital flows in and out of bitcoin." With a focus on project financing techniques typically used in real estate and renewable sectors, Sangha facilitates direct investor participation in infrastructure assets—eliminating intermediaries and unnecessary speculation. This model allows investors to contribute either cash or bitcoin directly into project construction and benefit from consistent bitcoin distributions over the long term, all at significantly reduced market costs.

Located strategically on a solar energy site with a history of operational efficiency, Sangha will be able to capitalize on grid fluctuations and negative pricing scenarios. The offtake agreement established with the IPP guarantees Sangha the right to purchase the electricity generated at this new facility, effectively creating a trifecta of benefits: increased earnings for the IPP, low-cost bitcoin opportunities for investors, and stabilization of the energy grid.

Marr further highlighted the advantages of Sangha's streamlined mining approach:

1. Sophisticated Site Selection: Prospective mining projects are chosen based on proprietary financial models that can predict energy prices and bitcoin hash rates in real time. This capability allows for accurate profitability assessments and operational decisions, ensuring project efficiency.
2. Capital Efficiency: Funds from investors go directly into mining infrastructure with minimal overhead. The transparent fee structures—including options for smart contract-linked payouts—enhance alignment and clarity in financial dealings.
3. Proven Financing Model: By borrowing best practices from decades of renewable energy and real estate development, Sangha incorporates risk management and operational precision into its project framework.
4. Regulatory Compliance: The company’s adept legal team is equipped to navigate the evolving regulatory landscape for such projects, reducing the complexity for its partners and easing the interconnection process.

Expected to launch operations in the third quarter of 2025, the West Texas facility will feature one of the lowest power costs available in North America, solidifying its competitive stance within the national bitcoin mining ecosystem. Sangha's investment model not only invites accredited investors to engage directly with site-level special purpose vehicles (SPVs), but also provides avenues for receiving bitcoin distributions and income linked to bitcoin performance.

This initiative marks a pivotal transition for Sangha Renewables, which evolved from its parent company, Sangha Systems, to forge a path that integrates bitcoin mining within sustainable energy models. As they continue to aim for sustainable profitability, their objective remains clear: to deliver enduring value for investors, energy producers, and the power grid.

For further updates and insights on Sangha Renewables and its innovative projects, visit sangharenewables.com.