OriginClear and Bitmern Investments form Joint Venture to Accelerate Bitcoin Mining
OriginClear (OTC:OCLN) formed a strategic joint venture with Bitmern Mining to develop large-scale, sustainable Bitcoin mining facilities in the U.S., led by OriginClear's new OriginSpark venture. The agreement begins with a 100 MW pilot and plans to scale to 500 MW, with additional sites under evaluation in Arizona and Texas. Bitmern operates hosting sites in Indiana, North Dakota and internationally in Ethiopia and will contribute operations and technology expertise.
OriginSpark intends to use a project financing model offering preferred returns, a five-year capital exit, optional bitcoin-backed borrowing, and a planned Bitcoin Treasury for unrealized gains; profits distributed pro rata after expenses and investor returns.
OriginClear (OTC:OCLN) ha formato una joint venture strategica con Bitmern Mining per sviluppare strutture di mining di Bitcoin su larga scala e sostenibili negli Stati Uniti, guidate dalla nuova iniziativa OriginSpark di OriginClear. L'accordo parte con un pilota 100 MW e prevede di espandersi a 500 MW, con ulteriori siti in valutazione in Arizona e Texas. Bitmern gestisce siti di hosting in Indiana, North Dakota e a livello internazionale in Etiopia e contribuirà con competenze operative e tecnologiche.
OriginSpark intende utilizzare un modello di project financing che offre rendimenti preferenziali, una uscita di capitale di cinque anni, prestiti opzionali garantiti in bitcoin e una prevista Tesoreria Bitcoin per i guadagni non realizzati; i profitti saranno distribuiti pro quota dopo le spese e i ritorni agli investitori.
OriginClear (OTC:OCLN) formó una empresa conjunta estratégica con Bitmern Mining para desarrollar instalaciones de minería de Bitcoin a gran escala y sostenibles en Estados Unidos, lideradas por la nueva iniciativa OriginSpark de OriginClear. El acuerdo comienza con un piloto de 100 MW y está previsto que escale a 500 MW, con sitios adicionales evaluándose en Arizona y Texas. Bitmern opera sitios de hosting en Indiana, North Dakota y a nivel internacional en Ethiopia y aportará experiencia en operaciones y tecnología.
OriginSpark pretende usar un modelo de financiación de proyectos que ofrece rendimientos preferentes, una salida de capital en cinco años, préstamos garantizados en bitcoin opcionales, y una Tesorería de Bitcoin planificada para ganancias no realizadas; las ganancias se distribuyen pro rata tras gastos y retornos a inversores.
OriginClear (OTC:OCLN) 은 Bitmern Mining 와 전략적 공동 벤처를 형성하여 미국에서 대규모의 지속 가능한 비트코인 채굴 시설을 개발합니다. OriginClear 의 새로운 OriginSpark 벤처가 이를 이끌며, 계약은 100 MW 파일럿으로 시작해 500 MW로 확장할 계획이고, 애리조나(Arizona)와 텍사스(Texas)에서 추가 부지를 평가 중입니다. Bitmern 은 인디애나(Indiana), 노스다코타(North Dakota)에서 호스팅 사이트를 운영하며 국제적으로는 에티오피아(Ethiopia)에도 있으며 운영 및 기술 전문지식을 제공할 것입니다.
OriginSpark 는 프로젝트 파이낸싱 모델을 사용하여 우선 수익(preferred returns)를 제공하고, 5년 자본 회수, 비트코인 담보 차입 옵션, 그리고 미실현 이익을 위한 비트코인 재무 자금을 계획하고 있습니다; 이익은 비용과 투자자 수익을 차례로 배분합니다.
OriginClear (OTC:OCLN) a formé une coentreprise stratégique avec Bitmern Mining pour développer des installations de minage de Bitcoin à grande échelle et durables aux États-Unis, dirigées par la nouvelle initiative OriginSpark d'OriginClear. L'accord commence par un pilote de 100 MW et prévoit de passer à 500 MW, avec des sites additionnels évalués en Arizona et au Texas. Bitmern exploite des sites d'hébergement dans Indiana, North Dakota et à l'international en Ethiopie et apportera son expertise opérationnelle et technologique.
OriginSpark prévoit d'utiliser un modèle de financement de projet offrant des rendements préférentiels, une sortie de capital sur cinq ans, un emprunt garanti en bitcoin en option et une Trésorerie Bitcoin prévue pour les gains latents; les profits seront distribués pro rata après dépenses et rendements aux investisseurs.
OriginClear (OTC:OCLN) hat eine strategische Joint Venture mit Bitmern Mining gegründet, um in den USA groß angelegte, nachhaltige Bitcoin-Mining-Einrichtungen zu entwickeln, geleitet von OriginClears neuem OriginSpark-Projekt. Die Vereinbarung beginnt mit einem 100 MW-Pilotprojekt und soll auf 500 MW skalieren, wobei weitere Standorte in Arizona und Texas geprüft werden. Bitmern betreibt Hosting-Sites in Indiana, North Dakota und international in Ethiopia und wird Betriebserfahrung und technologische Expertise einbringen.
OriginSpark beabsichtigt, ein Projektfinanzierungsmodell zu verwenden, das bevorzugte Renditen bietet, einen fünften Jahr Kapitalausstieg, optional bitcoin-gestützte Darlehen und eine geplante Bitcoin-Treasury für unrealisierte Gewinne; Gewinne werden pro rata nach Abzug von Kosten und Investorenerträge verteilt.
OriginClear (OTC:OCLN) أنشأت مشروعاً مشتركاً استراتيجياً مع Bitmern Mining لتطوير مرافق تعدين بيتكوين واسعة النطاق ومستدامة في الولايات المتحدة، بقيادة مبادرة OriginSpark الجديدة من OriginClear. يبدء الاتفاق بــ pilot 100 MW ويخطط للتوسع إلى 500 MW، مع تقييم مواقع إضافية في أريزونا وتكساس. تدير Bitmern مواقع استضافة في إنديانا ودولة نورث داكوتا وعلى مستوى دولي في إثيوبيا وستقدم خبرة عمليات وتقنية.
تنوي OriginSpark استخدام نموذج تمويل المشروع الذي يقدم عوائد مفضلة، وخروج رأس المال خلال خمس سنوات، واقتراضاً مدعوماً بالبيتكوين كخيار إضافي، وخزينة بيتكوين مخطط لها للأرباح غير المحققة؛ وتوزع الأرباح بالتناسب بعد خصم المصروفات وعوائد المستثمرين.
- 100 MW pilot project announced
- Planned scale-up to 500 MW capacity
- Sites under evaluation in Arizona and Texas
- Project financing with preferred returns and a five-year capital exit
- Bitmern operating presence in Indiana, North Dakota and Ethiopia
- None.
OriginClear's OriginSpark venture launches first project financing initiative
CLEARWATER, FL / ACCESS Newswire / November 5, 2025 / OriginClear Inc. (OTCID:OCLN), a pioneer in tax-advantaged funding of scarce assets, today announced a strategic joint venture with Bitmern Mining, which operates Bitcoin mining hosting facilities in Indiana, North Dakota and internationally in Ethiopia.
The partnership aims to develop and operate large-scale, sustainable Bitcoin mining facilities in the United States, with the eventual goal of integrating AI and data center solutions for enhanced efficiency and environmental impact.
This is the first project financing initiative for OriginClear's recently announced OriginSpark venture, which follows the company's recent spinoff of its long-standing industrial water business.
Post-spinoff venture inspired by first contact
"Partnering with OriginSpark accelerates our expansion in the U.S., leveraging our track record to build efficient, AI-integrated mining facilities that deliver value to stakeholders," said Giannis Andreou, CEO and founder of Bitmern Technologies, LLC, and a Bitcoin author and educator. See more at www.giannisandreou.com/.
Riggs Eckelberry, OriginClear's founding chairman and CEO credits Miranda Haffenreffer, Bitmern's chief operating officer, with the inspiration to launch OriginSpark.
"Our first meeting convinced me," he said, "that established Bitcoin mining providers could expand quickly, given their existing expertise and access to low-cost energy, if they could get scalable project financing. This led to more contacts in the Bitcoin mining community, and this pioneering joint venture."
Combining operational and venture expertise
This agreement starts with a planned 100 megawatt (MW) pilot project, eventually scaling to 500MW capacity. Additional sites under evaluation include locations in Arizona and Texas. With demonstrated expertise in miner hosting, operations and proprietary technology, Bitmern Mining is partnering with OriginSpark for its proven financing expertise and venture development capabilities.
Jim Mathers, CEO and president of Energy Professionals will serve as an independent director
"In my professional work, I solve energy challenges every day," said Mathers. "OriginSpark and Bitmern are focusing on leveraging energy for Bitcoin mining, a critical area. I'm excited about helping to direct this venture."
Sophisticated project financing model
OriginSpark is creating a state-of-the-art project financing model, designed to deliver preferred returns and a five-year capital exit, allowing investors to maintain unrealized gains in a planned Bitcoin Treasury. Optional borrowing from their Bitcoin is intended to allow investors access to their capital, while leaving the Bitcoin holding to compound over time.
The joint venture emphasizes sustainability, operational transparency and compliance with U.S. and EU regulations. Profits will be distributed pro rata after operational expenses and investor returns.
About Bitmern Investments LLC
Bitmern Mining focuses on international Bitcoin mining hosting and infrastructure, with Bitcoin mining hosting facilities in Indiana, North Dakota and internationally in Ethiopia. Bitmern Mining has developed expertise in miner hosting, operations, and proprietary technologies such as the Bitmern SuperApp and firmware. Bitmern Mining was founded by blockchain luminaries Giannis Andreou and Pashalis Pietris.
For more information, visit the company's website: www.bitmernmining.com
Follow us on Instagram: @bitmern_mining
The Founders: Giannis Andreou and Pashalis Pietris
About OriginClear Inc.
Having successfully completed its spinoff of Water On Demand, which is developing industry-first tax-advantaged project finance to address the needs of over a trillion dollars in unfunded water infrastructure projects, OriginClear's next launch is OriginSpark™, which plans to help accelerate Bitcoin mining, a sector which is forecast to grow from about
For more information, visit the company's website: www.originclear.com or www.originspark.ai
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SOURCE: OriginClear, Inc.
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FAQ
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