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MARA and MPLX Partner on 1.5 GW Power and Data Center Project in Texas

Marathon Holdings and MPLX will utilize low-cost West Texas natural gas to power an advanced data center, aiming for high performance and operational efficiency beyond crypto mining.

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Summary

Marathon Holdings announced on Dec. 4 an agreement with MPLX to supply natural gas to a planned integrated power and advanced data center in West Texas. CEO Fred Thiel stated the partnership will leverage low-cost local gas to construct a high-performance, efficient facility. This builds upon the companies’ letter of intent to start with 400 megawatts of capacity and expand to 1.5 gigawatts, with MPLX providing gas from its Delaware Basin plants. The facility is planned to support Marathon’s shift toward artificial intelligence and high-performance computing workloads in addition to crypto operations.

Terms & Concepts
  • Adjusted EBITDA: Earnings before interest, taxes, depreciation, and amortization, adjusted for non-recurring or non-cash items, used to assess operational performance.
  • Hashrate: The computational power used in cryptocurrency mining, measured in hashes per second, indicating the number of calculations a miner can perform.
  • Gigawatt (GW): A measure of electrical power equal to one billion watts, used to describe large-scale energy production capacity.