Merkle Standard brought our first Tennessee data center online in the second half of 2024. That 45 MW facility in the Memphis area houses more than 15,000 air cooled ASICs and is Merkle Standard's second largest mining site. Also in Tennessee, Merkle Standard operates a smaller 25 MW facility, running 5,000 air cooled ASICs, in the Morristown area.
Both Tennessee facilities were brownfield sites, located in established industrial areas. Merkle Standard is proud to have brought into the Memphis and Morristown areas, a sustainable business, full-time employment for approximately 6 employees, building and property improvements, and community engagement.