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IndianaCRE

AboutBit to turn portion of Indiana power station into cryptocurrency mining facility

May 18, 2022
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A sustainable cryptocurrency mining facility will soon transform a portion of the site at a 50-year-old power station in Merom in Southwest Indiana.

The high-tech facility, built and financed by Kentucky-based crypto company AboutBit, LLC, will specialize in the validation of multiple electronic assets and will bring multiple jobs to Sullivan County, Indiana, and its surrounding area.

The cryptocurrency mining facility will go online adjacent to the Merom Generating Station in the next 30 days.

The development is expected to create up to 15 new high-tech jobs, with the potential for more hires once the data center is online.

Environmental and noise pollution will be mitigated through advanced technology and the location of the facility. A liquid-cooling system will ensure that hte machines run quietly. Additionally, the construction of the data center on the site of a long-time power plant means the build-out will have little to no impact on the surrounding environment.

Through a five-year agreement, AboutBit will purchase 115 megawatts of electricity from WIN Energy to power the facility. WIN Energy is an electric distribution cooperative with its wholesale power purchased from Hoosier Energy in Bloomington, Indiana.

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