Site R8 Upstream is a 1-megawatt Bitcoin mining installation in the Texas Onshore Gulf region, engineered as a scalable multi-container deployment that brings institutional-grade mining capacity to an associated natural gas monetization play. The site’s MESA 325K generator converts associated gas — produced in conjunction with oil extraction and historically flared or vented — into consistent, low-cost electrical power purpose-built for round-the-clock Bitcoin mining operations.

What sets Site R8 Upstream apart from single-container wellsite deployments is its three-unit Upstream Gen Hash 325 configuration. Each air-cooled Gen Hash 325 enclosure houses a dedicated bank of Bitmain S21 XP ASICs operating at 13.5 joules per terahash, and the three-container array combines to deliver 79 petahash per second of total network hashrate. This multi-container architecture distributes hardware load, simplifies staged maintenance, and provides operational redundancy that single-unit deployments cannot match.

With a total capital expenditure of $1,968,000 and monthly operating costs of $28,304, Site R8 Upstream delivers a disciplined cost structure relative to its output. At an effective power rate of 4.02 cents per kilowatt-hour — among the most competitive in the Blue Hawk portfolio — and a Bitcoin production cost of $29,494 per coin, the site operates firmly within the range of the network’s best-performing assets. The combination of low-cost associated gas, proven MESA generation technology, and a scalable multi-container design makes Site R8 Upstream a compelling gas monetization asset in one of the most active upstream corridors in North America.