# Mawson Infrastructure x Texas Pacific Land x JAI Energy (West Texas Bitcoin Mining): partnership

Canonical ID: `9361f8c3-904d-4c67-b611-4f31762f44c8`

Mawson Infrastructure Group Texas Pacific Land Corporation and JAI Energy entered a strategic alliance to develop up to 60 megawatts of bitcoin mining on TPLs surface in West Texas. TPL and JAI earned a net royalty interest with an option to acquire equity stake while Mawson and JAI planned four locations in Texas.

- **Type:** joint venture
- **Status:** concluded
- **Verification posture:** verified

## Parties (3)

- [Mawson Infrastructure Group](https://registry.deploy.report/companies/mawson-infrastructure-group.md) co developer
- Texas Pacific Land Corporation _(off-registry)_ investor partner
- JAI Energy _(off-registry)_ co developer

## Timeline

- **Announced:** 2022-05-16

## Sources (1)

1. https://www.texaspacific.com/investors/news-events/press-releases/detail/131/texas-pacific-land-corporation-mawson-infrastructure-group


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