Site 33 — 5 MW Bitcoin Mining Cluster
Greater Houston, Texas · ~1 hour from Houston · Natural gas–powered · Distributed 4-site build
Site 33 is a 5 MW Bitcoin mining cluster built on low-cost natural gas within an hour of Houston. Rather than a single point of failure, the capacity is distributed across four sites and five gas-fired generators — a resilient, containerized design that turns abundant regional gas into hashrate at an effective power cost of just 3.57¢/kWh, comfortably below the 4¢ threshold that competes with colocation.
The cluster runs a 1,350-unit ASIC fleet producing 364,500 TH/s of installed hashrate, engineered for 90% uptime and immediate production.
At a Glance
| Total capacity | 5 MW (4,920.8 kW electrical load) |
| Configuration | 4 sites · 5 natural-gas generators |
| Location | ~1 hour from Houston, Texas |
| Mining fleet | 1,350 ASIC miners |
| Installed hashrate | 364,500 TH/s |
| Effective power rate | 3.57¢/kWh (< 4¢ — competitive with colocation) |
| Target uptime | 90% |
| Fuel | Natural gas (~1,600 MCFD) |
The Cluster
Site 33 is intentionally built as a distributed cluster — four sites operating as one 5 MW platform within an hour’s drive of Houston. Spreading load across multiple sites and five generators improves fault tolerance, simplifies maintenance rotations, and lets the fleet keep hashing even when an individual generator or site is offline for service.
Proximity to Houston puts the cluster at the heart of one of the most productive natural-gas regions in the country — the foundation of its sub-4¢ power economics.
Mining Fleet
The heart of Site 33 is a 1,350-unit ASIC deployment delivering serious, production-ready hashrate.
- Miners: 1,350 units
- Hashrate per miner: 270 TH/s
- Power per miner: 3,645 W (≈13.5 J/TH efficiency)
- Total installed hashrate: 364,500 TH/s
- Total ASIC load: 4,920.8 kW
- Effective hashrate (90% uptime): 328,050 TH/s
The fleet is housed in purpose-built containers with the power, cooling, and airflow infrastructure to run at rated capacity in Texas field conditions.
Power & Fuel
Site 33 generates its own power on-site from natural gas, insulating operations from grid volatility and delivering some of the lowest all-in energy costs in the industry.
- Generation: 5 natural-gas generators across the cluster
- Fuel supply: ~1,600 MCFD at ~$1.10/MCF
- Effective power rate: 3.57¢/kWh (gas + generator O&M + labor, at 90% uptime)
- Why it wins: below the ~4¢ colocation benchmark, with a lean 2-employee labor structure keeping overhead tight
On-site generation means Site 33 monetizes low-cost regional gas directly into Bitcoin — no transmission fees, no grid interconnection queue, no curtailment exposure.
Production
- BTC mined per day: 0.1876
- BTC mined — Year 1: 68.47
- Effective hashrate: 328,050 TH/s at 90% uptime
Investment Highlights
Site 33 is a production-ready asset with a fast payback profile.
| Metric | Value |
|---|---|
| Total CAPEX | $10,530,000 |
| Year 1 operating cash flow | $3,710,768 |
| Simple payback | ~2.84 years |
| Annual OPEX | $1,684,300 |
CAPEX breakdown: generators (5 units) $4,500,000 · miners $5,130,000 · container & infrastructure $250,000 · site preparation $250,000 · site contract & development $300,000 · transport & mobilization $100,000.
Year 1 operating cash flow modeled at a reference BTC price of $80,000 and 90% uptime, net of 1.5% pool fees. Forward-looking figures are estimates and depend on Bitcoin price, network difficulty, gas cost, and uptime; actual results will vary.
Why Site 33
- Low-cost power — 3.57¢/kWh effective, below the colocation benchmark.
- Resilient by design — four sites and five generators, not a single point of failure.
- Prime gas region — an hour from Houston, at the source of cheap natural gas.
- Production-ready — full 1,350-unit fleet and generation installed and engineered for 90% uptime.
Blue Hawk BTC — Monetizing energy. Powering the future.
