Anax Power and Magellan Scientific to Install 500kW Anax Turboexpander (ATE) to Mine Bitcoin in the Appalachian Basin
Wharton, NJ – Anax Power (www.anaxpower.com), whose proprietary technology generates clean power from natural gas, without combustion, has signed a joint operating agreement with Magellan Scientific, LLC (www.magellanscientific.com), an off-grid, decentralized digital asset company, to install a 500 kW Anax Turboexpander (“ATE”) paired with a Magellan Scientific off-grid immersion data center to mine for Bitcoin. […]