Crypto storage firms Blockstream and Block Inc. (previously Square) reportedly disclosed details related to the establishment of a solar-powered Bitcoin (BTC) mining center in Texas. 

Specifically, as revealed by Blockstream, the mining site will reportedly come with  3.8 megawatts (MW) of electrical capacity via utilizing Tesla’s Solar photovoltaic cell array and a 12 MWh Megapack.

The Tesla Energy-built Megapack reportedly functions as a powerful lithium-ion battery, which offers energy storage and support. 

In context, one of the top-tier Bitcoin mining firms – Hut 8 Mining – reportedly possesses an approximate number of 209 MW in total contracted mining capacity. 

The venture was reportedly established with an ultimate target of carrying out an investigation into the feasibility of functioning a zero-emission energy Bitcoin mine.

The partnership Blockstream and Block forged to work on the initiative reportedly began in June last year, with Block promising to make an investment of $5 million for its construction.

Apart from physical construction, the teams at Blockstream and Block will reportedly design a dashboard, catering to the public audience, dedicated to the reporting on the project’s economics. 

Key metrics will include power output, the number of Bitcoin mined, storage performance, total uptime, expenses and return on investment, etc. It will be accessible 24/7 from any browser.

While in theory, solar Bitcoin mining is perceived to be carbon-neutral, there is a great deal of controversy within the crypto community about its practicality.