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HOUSTON, March 27, 2023 /PRNewswire/ — Lancium, an energy technology and infrastructure company that advances the decarbonization and stability of the electric power grid while delivering the lowest cost renewable power to high-growth, energy-intensive industries, today announced the appointment of Ali Fenn as president and Scott McFarland as chief revenue officer. “We are excited to […]

Lancium Inc., an energy technology and infrastructure company that advances the decarbonization and stability of the electric power grid, today announced it has won a patent litigation case in the U.S. District Court for the District of Delaware. In 2021, Austin Storms filed a lawsuit seeking to be named an inventor of Lancium’s U.S. Patent […]

By Shaun Connell One of the biggest expenses for large industrial businesses is the cost of power. Companies are continually looking for new ways to cut power costs and save money. Many large industrial power users enroll in demand response programs that pay customers to cut their power usage to help ensure the stability of […]

Today, Lancium, Inc., an energy technology and infrastructure company that advances the decarbonization and stability of the electric power grid, announced the commercial availability of Lancium Smart Response™, the company’s groundbreaking solution for bitcoin miners and other applications to lower their power costs by approximately 50 percent or more while optimizing mining operations. Lancium Smart […]

ABILENE, TX – Nov. 3, 2022 – Lancium Inc., an energy technology and infrastructure company that advances the decarbonization and stability of the electric power grid, announced it has broken ground on its flagship Clean Campus in Abilene, Texas. Lancium’s Abilene Campus is over 1,000 acres and will be home to a variety of industries […]

Lancium, Inc., an energy technology and infrastructure company that advances the decarbonization and stability of the electric power grid, today announced the company’s Fort Stockton, Texas Clean Campus has been qualified as a “Controllable Load Resource” (CLR) by the Electric Reliability Council of Texas (ERCOT). As a CLR, large power users can reduce their energy […]

by Shaun Connell With all eyes on the Texas grid this summer, the state’s growing bitcoin mining industry received scrutiny on how their operations might affect the grid. Understandably, the industry’s significant energy usage raised questions for a grid that has been challenged in the past.  Some promised catastrophe, and others thought bitcoin miners might […]

Denver, CO and Houston, TX / October 26, 2022 / Business Wire / — Lancium Inc. (Lancium), an energy technology and infrastructure company that advances the decarbonization and stability of the electric power grid and Crusoe Energy Systems LLC (Crusoe), a pioneer of clean computing infrastructure that reduces both the costs and the environmental impact […]

Lancium, Inc., an energy technology and infrastructure company that advances the decarbonization and stability of the electric power grid, has donated more than 45 million core-hours of computing time to the OSG Consortium, a fabric of distributed High Throughput Computing (dHTC) services in support of the National Science & Engineering community. Since June 2021, members […]

HOUSTON and Midvale, Utah – Oct. 4, 2022 – Reaction Engineering International (REI), a growing R&D consulting firm with internationally recognized expertise in energy and defense solutions, has selected Lancium, an energy technology and infrastructure company that advances the decarbonization and stability of the electric power grid, to provide high performance computing solutions for REI’s […]

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 signing of the landmark Inflation Reduction Act, which contains provisions encouraging the further development of wind, solar, and hydrogen energy sources. Michael McNamara, co-founder and Chief Executive Officer of […]

With HPC demand ballooning and Moore’s law slowing down, modern supercomputers often undergo exhaustive efficiency efforts aimed at ameliorating exorbitant energy bills and correspondingly large carbon footprints. Others, meanwhile, are asking: is min-maxing the best option, or are there easier paths to reducing the bills and emissions of modern HPC? One such party is Lancium, […]

Lancium, a Houston-based company that expects to invest around $2.4 billion in Abilene over the next five years, has big plans, representatives told Kiwanians at a lunch meeting Thursday. Those include making the area the company’s “flagship” as it attempts to balance the state’s energy grid and encourage development of renewable power. Espen Johansen, senior […]

Broad Reach Power Energy Services LLC, a wholly-owned subsidiary of Houston-based independent power producer Broad Reach Power LLC (“Broad Reach”), announced today that it has entered into a services partnership with Lancium, an energy technology and infrastructure company that advances the decarbonization and stability of the electric power grid. Under the agreement, Broad Reach, which […]

Lancium, Inc., an energy technology and infrastructure company that advances the decarbonization and stability of the electric power grid, and CCEX, Cloud Commodities Exchange GmbH, have signed a Memorandum of Understanding to make Lancium’s low-cost, renewably-powered Compute Cloud platform for High-Performance Computing (HPC) and AI applications available to customers and scientific communities across Europe. “The […]

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 […]

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, 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, 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 […]

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/

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 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 […]

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 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 […]

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? […]

 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, […]

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, 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 […]

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 […]

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…

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

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 […]

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, 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 […]

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 […]

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 […]

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 […]