Geosyn Mining
Geosyn Mining was a Texas-based Bitcoin mining and hosting company founded in 2021 by oil and gas veterans Caleb Ward and Jeremy McNutt. It specialized in Bitcoin cloud mining and client hosting services, operating facilities in the Dallas/Fort Worth area, including a downtown Fort Worth showcase mine and a larger site near Springtown, Texas. The company offered managed hosting with no long-term contracts, direct Bitcoin payouts to client wallets, and full-service support (procurement, installation, maintenance). Plans included expanding a second location from 5 MW to 100 MW in 2022-2023 and entering renewables. However, the website is currently suspended/unavailable, and no updates have been found post-2022. The company appears inactive or defunct as of December 15, 2025, with projects likely stalled amid the crypto market downturn.
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June 2026 Bitcoin Mining & AI Infrastructure Update: Kevin O’Leary scales back massive Utah AI project after political backlash, MARA transforms with $1.5B Ohio power plant acquisition, Bitdeer breaks ground on 100 MW Alberta gas-powered site, IREN accelerates Nvidia AI pivot, DMG signs 50 MW AI colocation LOI, plus regulatory moves in North Carolina, Riot patent lawsuit, Strategy’s $10.8B unrealized loss, and Cathie Wood’s $1.5M BTC target.
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June 2026 Bitcoin Mining & AI Infrastructure Update: Kevin O’Leary scales back massive Utah AI project after political backlash, MARA transforms with $1.5B Ohio power plant acquisition, Bitdeer breaks ground on 100 MW Alberta gas-powered site, IREN accelerates Nvidia AI pivot, DMG signs 50 MW AI colocation LOI, plus regulatory moves in North Carolina, Riot patent lawsuit, Strategy’s $10.8B unrealized loss, and Cathie Wood’s $1.5M BTC target.
