Cormint Data Systems, Inc. is a Texas‑based bitcoin‑mining company focused on becoming the lowest‑cost producer of Bitcoin in North America. The company builds and operates high‑performance mining infrastructure, emphasizing efficiency, scale, and power cost leadership.
With its flagship site in West Texas, Cormint has deployed megawatt‑scale capacity and high hashing‑power output, achieving sub‑3 cents per kilowatt‑hour power costs and maintaining strong operating margins. The team brings together expertise in power‑markets, electrical and mechanical engineering, commodity trading, and proprietary power‑management software.
Funding and growth are critical parts of Cormint’s strategy: the company recently raised USD 29 million in a Series B round, bringing total equity and Bitcoin‑denominated debt raised to over USD 80 million. This capital backs expansion to larger sites, scaling toward hundreds of megawatts of load and multiple exahashes of hashing power.
Operationally, Cormint sources inexpensive power—often from wholesale markets or land‑partner arrangements—and optimises infrastructure deployment to minimise both capital and ongoing costs. Their approach includes flexible modular builds, real‑time power‑optimisation software, and strategic partnerships to anchor large‑scale data‑centric computing facilities, including mining.
In summary, Cormint presents a vertically‑integrated bitcoin‑mining model combining engineered infrastructure, power‑market sourcing, and capital‑market innovation to deliver low‑cost mining and scalable growth.
