All News

Lancium Names Three Independent Directors to its Board of Directors

Lancium, Inc., an energy infrastructure and technology company which advances the decarbonization and stability of the electric power grid, today announced the appointment of three independent directors to the Board: Patrice Merrin, who will serve as Lead Independent Director and Chair of the Nominating and Governance Committee, Clint Freeland, who will serve as Chair of […]

Fort Stockton Facility Aims to Boost Renewable Energy

As the epicenter of US energy, the Permian Basin leads the nation in crude oil and natural gas production. But that epicenter also contains significant production of wind and solar energy, and that’s drawn companies like Lancium to the region. Houston-based Lancium is a technology company that creates software and intellectual property solutions that enable […]

Lancium Compute President Andrew Grimshaw, Ph.D. to Speak at Austin Forum on Technology & Society Event

Lancium, Inc, an energy infrastructure and technology company, is pleased to partner with the Austin Forum on Technology & Society for their June presentation and share how advanced computing can play a transformational role in advancing a move to a sustainable, low-carbon future.  Lancium Compute uses the company’s flexible data centers paired with proprietary software […]

Lancium Statement on Introduction of Landmark Cryptocurrency Legislation

Lancium, Inc., an energy technology and infrastructure company that advances the decarbonization and stability of the electric power grid, today released the following statement regarding the introduction of The Responsible Financial Innovation Act. Michael McNamara, co-founder and Chief Executive Officer stated: “We applaud Senators Lummis and Gillibrand’s work to develop a thoughtful, comprehensive bi-partisan framework […]

Can Crypto Become a Leader in Sustainability?

The World Economic Forum recently highlighted Lancium’s unique solution for helping to decarbonize and stabilize the power grid. Increased flexibility is key to building the grid of the future. Read the full article here: https://www.weforum.org/agenda/2022/06/crypto-sustainability/

Bitcoin is Set to Reshape the Texas Power Market

A recent article by Wood Mackenzie‘s Ed Crooks explains how Lancium’s proprietary Smart Response software is helping stabilize the power grid using #bitcoin and computing applications while growing renewables. Read the full article here: https://www.woodmac.com/news/opinion/bitcoin-is-set-to-reshape-the-Texas-power-market/

CleanSpark reports monthly production of 313 bitcoin in April 2022,with calendar year production at 1,211

CleanSpark Inc (NASDAQ:CLSK) has released its unaudited bitcoin production and operations update for the calendar year-to-date ending April 30, 2022, which showed monthly production of 313 bitcoin (BTC). The company said its calendar year-to April 30, 2022, production was 1,211 BTC, with total BTC holdings as of April 30, 2022, at 448, and total BTC converted […]

ERCOT, Market Participants, and Bitcoin Miners Become Acquainted at Second Task Force Meeting

The second meeting of the Electric Reliability Council of Texas’s (ERCOT) Large Flexible Load Task Force (LFLTF) facilitated an opportunity for ERCOT, ERCOT market participants (MPs), and bitcoin miners to get to know one another through educational presentations and dialogue. Over 250 participated in-person and virtually. ERCOT began the event by providing a detailed overview […]

Eco-Friendly Crypto Mining is EXPLODING – Panel Discussion on Mining Bitcoin With Renewable Energy

Eco-friendly mining operations are exploding, earlier today at Bitcoin 2022 this panel of industry members discussed what’s been done, and what’s in the works… Featuring William Szamosszegi (CEO of Sazmining), Spencer Marr (Founder, Sangha Systems), Shaun Connell (Executive VP, Power, Lancium), Emma Todd (CEO, MMH Data Systems), Margot Paez (Fellow, Bitcoin Policy Institute) Video Courtesy […]

Podcast: How hybrid work is changing office design

A hybrid workplace is emerging as the new normal for office workers post pandemic. But how will splitting their time between their pajamas and their pumps impact the way employees work? Can cubicles cut it anymore now that employees have grown accustomed to lounging on their patio or taking a walk on a lunch break? […]

Tesla, Block and Blockstream team up to mine bitcoin off solar power in Texas

 MIAMI — Blockstream and Jack Dorsey’s Block, formerly Square, are breaking ground on a solar- and battery-powered bitcoin mine in Texas that uses solar and storage technology from Tesla. Tesla’s 3.8 megawatt solar PV array and 12 megawatt-hour Megapack will power the facility. Blockstream co-founder and CEO Adam Back, a British cryptographer and a member of the “cypherpunk” crew, […]

CleanSpark Announces March 2022 Bitcoin Production

LAS VEGAS, April 05, 2022 (GLOBE NEWSWIRE) — CleanSpark, Inc. (Nasdaq: CLSK) (the “Company” or “CleanSpark”), a sustainable bitcoin mining and energy technology company, today released its unaudited bitcoin production and operations update for the calendar year-to-date ending March 31, 2022. Bitcoin Production & Operations Update (unaudited)  March monthly production: 318 Calendar year-to-date production ending […]

Lancium invests in Monarch Energy

Lancium, a California-based provider of software and technological solutions, has made an undisclosed investment in Monarch Energy, a North American producer of green hydrogen projects. Monarch Energy’s first financial infusion from an outside partner, according to the release, and the company plans to explore other investment possibilities to support its immediate and long-term ambitions. The […]

CleanSpark to Expand Mining Operations in Texas with up to 500 Megawatts of Renewable Power

LAS VEGAS, March 31, 2022 (GLOBE NEWSWIRE) — CleanSpark, Inc. (Nasdaq: CLSK) (the “Company” or “CleanSpark”), a sustainable bitcoin mining and energy technology company, today announced that it has signed an agreement with Houston-based Lancium to secure an initial 200 megawatts (MW) at Lancium’s renewably-powered datacenters in West Texas, with an option to add 300 […]

What does the $2.4 billion business project coming to Abilene do?

ABILENE, Texas (KTABKRBC) – In December 2021, the City of Abilene and Taylor County announced a $2.4 billion, 20-year-long partnership with Houston-based company Lancium. We know the tech and energy company promises to bring 57 jobs to the area and make a big financial impact over the next two decades…

Lancium raises $150M for clean crypto mines, leases entire floor in The Woodlands for new HQ

The energy technology firm plans to power up its first renewable power data center in Fort Stockton next year. Read further on bizjournals.com

This Houston tech company wants to build renewable energy-run bitcoin mines across Texas

HOUSTON – Houston-based tech company Lancium announced Tuesday it raised $150 million to build bitcoin mines across Texas that will run on renewable energy. In the year ahead, the company plans to launch over 2,000 megawatts of capacity across its multiple sites, which Lancium refers to as “Clean Campuses.” To put that in context, downtown […]

Lancium Closes $150M In Financing To Advance Ambitious Growth Strategy

HOUSTON, Nov. 23, 2021 /PRNewswire/ — Lancium Technologies Corporation (“Lancium”), a technology company focused on the energy transition, today announced that it closed $150 million in financing from leading energy companies and investors. Hanwha Solutions, one of the world’s prominent providers of clean energy solutions and owner and operator of Q CELLS, leads this financing round. Lancium also received […]

Ray Cline and Shaun Connell on Stabilizing the Grid with Bitcoin Mining

Ray Cline, Lancium CTO, and Shaun Connell, EVP Power at Lancium, join the On the Brink with Castle Island, covering the changing Texas grid, several models for renewable based mining, and how miners can serve as a controllable load. The podcast also discusses many other topics including why Texas is so suitable for renewables and […]

Lancium Breaks Ground On First Clean Campus In Fort Stockton, Texas

HOUSTON, Sept. 15, 2021 — Lancium™, a technology company focused on the energy transition, today announced it is breaking ground on its first Clean Campus located in Fort Stockton, Texas. Lancium Clean Campuses are built at critical points on the transmission system that are often overwhelmed with renewable energy. All Clean Campuses are enabled by Lancium’s Smart […]

Lancium and Layer1 Settle Patent Infringement Suit

HOUSTON, March 8, 2021 — Lancium LLC and Layer1 Technologies, Inc have settled their litigation in the Western District of Texas (6:20-cv-00739-ADA) alleging infringement of Lancium’s U.S. Patent 10,608,433 and have entered into a mutually beneficial partnership. Layer1 has licensed Lancium’s intellectual property and Lancium will provide Smart Response™ software and services to Layer1. About Lancium: Lancium is […]

Controllable Load Resource (“CLR”) Market Leader Lancium Files Patent Infringement Lawsuit Against Layer1

HOUSTON, Aug. 14, 2020 — Lancium LLC, the leader in data center power ramping software, today filed a lawsuit alleging patent infringement against Layer1 Technologies, Inc. in the Western District of Texas. The lawsuit alleges that Layer1 infringes multiple claims of U.S. Patent No. 10,608,433 “by manufacturing, using, offering to sell, selling, and/or importing infringing systems […]