US Digital Mining Calumet

The US Digital Mining Calumet facility, located at 18875 Highway 270 in Calumet, Oklahoma, is a 15MW cryptocurrency mining site. LM Funding America, Inc. acquired the business assets of this site for $7.3 million. The site benefits from access to power at $0.04/kWh and has a potential for expansion up to 60MW. The facility operates on a 5-year ground lease with an option to purchase the underlying land. LM Funding plans to utilize the full 15MW capacity for its current mining fleet and collaborate with the existing management team for operational efficiency. In Q1 2025, LM Funding expects to achieve 562 petahash combined mining capacity at this Oklahoma site.