Sabre56, a provider of Bitcoin mining hosting and digital asset mining consultancy, has announced a significant hosting deal with GEM Mining, an institutional-level Bitcoin mining company. The agreement includes Sabre56 hosting 4,510 BTC miners belonging to GEM at its newly built facilities in Wyoming. Half of the miners will come online in May, with the remaining miners joining in June. This agreement marks an important milestone for Sabre56 as it transitions from consulting on mining projects to building and hosting its own facilities.
CEO of Sabre56, Phil Harvey, expressed his enthusiasm for the partnership with GEM Mining, highlighting their shared values and dedication to the development of the mining industry. Harvey stated, “Sabre56 is rapidly implementing a strategic shift to build full-service hosting facilities with the highest technical and environmental standards… This initial placement of 4,510 machines at GEM Mining proving our ability to support the most mature players in the market and provide industry-leading hosting solutions.”
GEM Mining’s CEO, John S. Warren, echoed the sentiment, emphasizing the importance of finding a partner like Sabre56 that operates in a similarly efficient manner. Warren commented, “We are delighted to be placing our machines with a host provider with such great capabilities.”
According to a press release sent to Bitcoin Magazine, Saber56 and GEM Mining are committed to environmentally responsible growth, with Sabre56 facilities adhering to strict regulatory standards. The data centers are built for maximum energy efficiency, the announcement says, and the companies work with utility providers, allowing load shedding to benefit the grids they operate.
