Luxxfolio San Juan County facility
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The Luxxfolio San Juan County facility is a 15 MW cryptocurrency mining operation located near Shiprock, New Mexico, USA, on the Navajo Nation.
Location
The map below shows the exact location of the Luxxfolio San Juan County facility near Shiprock, New Mexico, USA.
Background
The project was previously owned by Westblock Capital before being bought by Luxxfolio in April, 2021.[1] The project was constructed at the Cudei Substation after successful negotiations between Luxxfolio, a Canadian company and the Navajo Tribal Utility Authority. Reports have indicated that the 15 MW load would otherwise not be utilized and was stranded, yet the details are unclear.[2] On its website, Luxxfolio includes a photograph of the Kayenta Solar Plant, located about 100 miles from Shiprock, yet provides no details regarding a power purchase agreement with the solar plant.[3] Navajo President Jonathan Nez attended the groundbreaking event on August 3, 2021.[4] The project was opposed by some Tribal members, who complained that foreign corporations will profit from the electricity used while many in the region lack electricity and running water in their homes.[2]
Project Details
- Power usage (MW): 15 MW
- Owner: Luxxfolio
- Parent:
- Location:
- Coordinates: 36.782186, -108.766639
Articles and Resources
References
- ↑ "Luxxfolio agrees to acquire crypto mining company, WestBlock Capital". NewsnReleases.com. 4/8.2021. Retrieved 6/29/2022.
{{cite news}}: Check date values in:|access-date=and|date=(help) - ↑ 2.0 2.1 "'Financial Colonialism': A Bitcoin Mine in Navajo Nation Flares Tensions". Vice. 10/9/2021. Retrieved 6/29/2022.
{{cite news}}: Check date values in:|access-date=and|date=(help) - ↑ "Operation Overview". Luxxfolio.com. Retrieved 6/29/2022.
{{cite web}}: Check date values in:|access-date=(help)CS1 maint: url-status (link) - ↑ "Westblock & Navajo Tribal Utility Authority Ground Breaking Celebration". Facebook. 8/3/2021. Retrieved 6/29/2022.
{{cite web}}: Check date values in:|access-date=and|date=(help)CS1 maint: url-status (link)
