Sabre56 Secures Largest Single Contract in the Industry, Becoming a Top Blockchain Operator

With a $60 million, five-year contract for the 300MW Saxet Energy Park, Sabre56 is set to manage mining operations for approximately 100,000 ASICs.

1 min read

Key Takeaways:

  • Sabre56 has secured a five-year contract with Bootstrap Energy to provide miner operations at the 300MW Saxet Energy Park, making it one of the world’s largest blockchain operators.
  • With the capacity to host about 100,000 ASICs from blue-chip miners, the facility will also include advanced AI and High-Performance Computing (HPC) platforms.
  • The contract will commence in Q4-2023 and propel Sabre56 into the top five global operators based on assets under management.
  • The partnership aims to raise market expectations and establish new industry benchmarks for structure, operations, energy management, and client experience.

Sabre56: Ascending as a Top Blockchain Operator

Sabre56, a leading independent provider of mining operations services and digital asset mining consultant, has announced its successful award of a five-year agreement with Bootstrap Energy. The $60 million contract covers miner operations at the 300MW Saxet Energy Park and marks the largest single operations contract in the industry to date.

An Ecosystem of Advanced Operations

Saxet Energy Park is an integrated ecosystem of energy supply, mining, and HPC operations, along with relevant services and support businesses. The energy park, developed by Bootstrap Energy and its partners, has the capacity to host approximately 100,000 ASICs from blue-chip miners and cutting-edge AI and HPC platforms.

Sabre56 Joins the Global Top Five

The partnership with Bootstrap Energy catapults Sabre56 into the top five operators globally, based on assets under management. Phil Harvey, Founder & CEO of Sabre56, stated, “We are thrilled to announce this landmark deal with our valued partner Bootstrap Energy…This operations management contract is the largest single award to an independent service provider in our industry.”

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Setting New Industry Standards

The collaborative efforts of Sabre56 and Bootstrap Energy aim to set new benchmarks in the sector, particularly in structure, operations, energy management, and client experience. Steve Quisenberry, CEO of Bootstrap Energy, also expressed his enthusiasm for the partnership, stressing the importance of operational excellence, market performance, and a flexible energy strategy that benefits miners.

Continuous Expansion and Proactive Strategy

The substantial contract follows a series of deals for Sabre56 that began earlier this year with project funding to build 150MW of tier zero blockchain data centers in Wyoming, Ohio, and Texas. Currently, Sabre56 owns and operates some of the world’s most technologically advanced, efficient, and cost-effective data centers. The company adheres to strict regulatory standards and implements a proactive environmental and social impact strategy across all its facilities.

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