Sites and power
North Dakota and Texas.Gas or grid, with size limits where noted.
Air-cooled in North Dakota. Hydro-cooled in Texas (Fort Worth area) and North Dakota. The air-cooled 1 MW MDU and every hydro-cooled size, including a bring-your-own 2 MW hydro container, can run on natural gas or grid. The air-cooled 300 kW panel is natural gas only. The air-cooled 500 kW panel is grid only.
Gas vs grid
The agreement depends on the power source.
On grid, GoGo Tech already holds the utility PPA. We do not name the utility.
| Natural gas | Grid | |
|---|---|---|
| What you sign when you buy | Purchase and Lease Agreement (PLA) and a PPA issued by GoGo Tech | PLA only. GoGo Tech holds the utility PPA. |
| What you sign when you bring your own hydro | A lease and a PPA issued by GoGo Tech | A lease only. GoGo Tech holds the utility PPA. |
| Power rate | $0.035/kWh, fixed for 10 yearsNatural gas power is $0.035/kWh, fixed for 10 years under GoGo Tech's PPA. | Pass-through, varies with the marketThe pass-through rate varies with the market. GoGo Tech holds the utility PPA. You do not sign a customer-facing PPA on grid. |
| Management | $0.01/kWh | |
| Generation | On-site natural-gas generators owned and maintained by GoGo Tech. You sign the Purchase and Lease Agreement (PLA), or a lease if you bring your own hydro container, and a PPA issued by GoGo Tech. The rate is $0.035/kWh, fixed for 10 years. | Grid power. GoGo Tech has already signed the PPA with the utility. |
North Dakota
Air-cooled and hydro-cooled capacity, on natural gas or grid power. North Dakota is the home of air-cooled MDUs: a 1 MW MDU at $500,000 (340 slots, 3 panels, natural gas or grid), a 300 kW panel at $175,000 (natural gas only), or a 500 kW panel at $300,000 (grid only), accepting any air-cooled miner. Hydro-cooled 2 MW MDUs, 1 MW panels and 500 kW panels are also hosted here.
Download the North Dakota natural-gas flier (PDF)
Fort Worth, Texas
The Fort Worth hydro-cooled bitcoin mining project is 18 MW, offered as 2 MW MDUs at $1,000,000, 1 MW panels at $550,000, 500 kW panels at $300,000, and bring-your-own 2 MW hydro containers at $800,000. Hydro-cooled means the miners are liquid (water) cooled; it does not mean hydroelectric power. Hydro-cooled MDUs run in Texas (Fort Worth area) and North Dakota, on gas or grid power. Energized February 2027. Units run on natural gas or grid power.
Power questions
Where are the sites?
Air-cooled MDUs run in North Dakota. Hydro-cooled MDUs run in Texas (Fort Worth area) or North Dakota.
Gas or grid: which can I choose?
The air-cooled 1 MW MDU and every hydro-cooled size run on natural gas or grid. The air-cooled 300 kW panel is natural gas only. The air-cooled 500 kW panel is grid only.
What is the difference between natural gas and grid?
On natural gas, you sign the Purchase and Lease Agreement (PLA) — or a lease if you bring your own hydro container — and a PPA issued by GoGo Tech. The power rate is $0.035/kWh, fixed for 10 years. On grid, GoGo Tech has already signed the PPA with the utility and holds it. You sign only the PLA, or only a lease for bring-your-own, and pay the pass-through rate, which varies with the market, plus $0.01/kWh management. In both cases the monthly lease charge is metered energy times the power rate, plus $0.01/kWh management.
What is the monthly lease charge?
You pay per kWh. The monthly lease charge is metered energy used times the power rate, plus $0.01/kWh for management. On natural gas the rate is $0.035/kWh, fixed for 10 years under a PPA issued by GoGo Tech. On grid the rate is pass-through and varies with the market ($0.035–$0.04/kWh in our estimates).
Does hydro mean hydroelectric power?
No. Hydro-cooled means the miners are liquid (water) cooled. Power comes from natural gas or the grid.
Pick your site and power.
Tell us your size and whether you want natural gas or grid.