Sangha’s Solar-Powered Bitcoin Mine Aims to Redefine Crypto Infrastructure

Sangha Renewables has commenced construction on a 19.9-megawatt (MW) bitcoin mining facility in West Texas, powered entirely by solar energy. This initiative represents a significant step in integrating renewable energy with cryptocurrency mining, aiming to transform underutilized solar power into profitable digital assets.  

The project, developed in collaboration with an independent power producer (IPP), is situated on an existing solar site. Sangha’s model involves purchasing electricity directly from the IPP, leveraging grid congestion and negative energy pricing to optimize costs. Investors contribute capital—either in fiat or bitcoin—to fund the construction, receiving streaming distributions of bitcoin in return, potentially at prices below market rates.   

Set to begin operations in Q3 2025, the facility is projected to generate approximately $42 million in revenue in its first year and mine around 900 bitcoin over the next decade. With electricity costs ranging between 2.8 to 3.2 cents per kilowatt-hour, it aims to offer some of the lowest power costs for mining in North America.   

Sangha’s approach not only provides a sustainable solution for excess renewable energy but also presents a novel investment opportunity in the crypto space. By aligning the interests of energy producers, investors, and the environment, this model could set a new standard for future crypto infrastructure projects.