Posted April 24, 2023

Delta Mining and Exos Energize New Bitcoin Mining Facility in Paraguay with Sustainable Hydropower

By Whit Dhamer

Chicago, IL – April 24, 2023 –  Delta Mining LLC or Delta Mining Paraguay S.A. (“Delta”), a leader in South American high-performance data center operations, and Exos (“Exos”), a next-generation B2B institutional finance platform specializing in digital assets, today announced the successful launch of their 6MW capacity data center in Ayolas, Paraguay.

This facility marks a significant milestone for both companies:

  • Delta: First wholly-owned and operated bitcoin mining facility in Paraguay, powered by 100% renewable hydropower from the Yacyreta Hydroelectric Dam through a direct power purchase agreement (PPA) with ANDE.
  • Exos: Expansion of digital asset mining operations into a sustainable and crypto-friendly jurisdiction.

Key Highlights:

  • Sustainable Power: Direct connection to the Yacyreta Dam ensures a reliable and environmentally responsible energy source.
  • Growth Potential: Initial 6MW phase with capacity available up to 100MW
  • Strategic Partnership: Delta leverages operational expertise to support foreign institutional mining partners like Exos.
  • Paraguay’s Vision: ANDE’s regulated mining tariffs for Data Centers and digital asset mining set a framework to welcome foreign investment to achieve high-scale and sustainable growth in Paraguay.

Whit Dhamer, CEO Delta Mining LLC

“I am excited to announce this strategic partnership with Exos, and the culmination of our first phase of growth in Paraguay which could not have been achieved without the dedication and commitment of our collective teams. We look forward to expanding in Paraguay alongside our partners at ANDE, providing sustainable computing solutions for the blockchain and HPC industry. “

About Delta Mining:

Delta Mining is a renewable energy-focused mining and colocation provider, with operations focused in South America. As a US Domiciled company, we provide institutional mining partners access to vast and diversified reserves of green and renewable power through our portfolio of high-value power provision agreements.

About Exos:

Exos has built a next-gen platform for B2B institutional finance. A platform designed to deliver all the services of a traditional investment bank, reimagined and tailored to a modern digital world, all integrated into a powerful, modern technology platform driven by data and data science.

Disclosure:

This press release includes forward-looking statements related to Delta Mining LLC, Delta Mining Paraguay S.A., and Exos’s operations and future plans. These statements are based on the current expectations of the companies and are subject to uncertainties and changes in circumstances, which may cause actual results to differ materially. This release is for informational purposes only and does not constitute an offer, solicitation, or recommendation to buy or sell securities, nor does it constitute investment advice.