Anax Power & Magellan Scientific Sign a $12mm, Multi-Year Partnership to Mine Bitcoin Using 500kW Anax Turboexpander
Wharton, NJ – Anax Power (www.anaxpower.com), whose proprietary technology generates clean power from natural gas, without combustion, has entered into a long-term exclusive agreement with Magellan Scientific, LLC (www.magellanscientific.com) (an affiliate of Pin Oak Energy Partners LLC) to power distributed data centers using the 500kW Anax Turboexpander (ATE). As the digital mining industry has come […]