Bitcoin mining company CleanSpark has reached an agreement to acquire land in Texas as part of a strategic initiative to expand its operations into artificial intelligence (AI) and high-performance computing (HPC).
In an announcement made on Wednesday, CleanSpark stated that it has entered into a definitive agreement to purchase 447 acres of land in Brazoria County, Texas. This acquisition is a key component of its plans to develop a 300 megawatt (MW) data center, with the potential for expansion to 600 MW. The company indicated that these data centers, along with another initiative in the same region, are specifically designed to accommodate artificial intelligence and high-performance computing workloads.
"The demand for scaled, AI-native compute continues to accelerate, and access to transmission-level power in strategically advantageous regions has become increasingly constrained," said CleanSpark chairman and CEO Matt Schultz.
CleanSpark's ongoing expansion into AI and HPC represents a trend among Bitcoin miners to diversify their business models amidst increasing mining difficulty. Several other prominent mining companies, including MARA Holdings, Core Scientific, Hut 8, Riot Platforms, and TeraWulf, have already begun repurposing existing infrastructure or have announced plans to venture further into AI and HPC services.
In parallel, other mining companies are exploring more sustainable methods to reduce operational costs. For instance, Canadian Bitcoin miner Canaan announced last week its participation in a proof-of-concept program aimed at making its computing heat available for local greenhouses, showcasing an innovative approach to resource utilization.
The Texas land acquisition is anticipated to be finalized in the first quarter of 2026.
Bitcoin Mining Difficulty Reached All-Time Highs in 2025
The strategic moves by CleanSpark and other cryptocurrency miners towards AI and HPC are occurring against a backdrop of rising costs associated with mining Bitcoin (BTC). Data from CoinWarz indicates that Bitcoin's mining difficulty peaked at approximately 156 trillion in November. At the time of publication, the difficulty stood at 146 trillion.