PILOT 01
IN DEVELOPMENTINDEX SX 10 // COMPANY INTELLIGENCE
Company Intelligence
Source-linked public-record timelines. Every line is dated and links to its source.
OBSERVED · LAST GOOD CHECK
INDEX SX 10-A
Pilots
EXHIBIT SX 06-A // STATE RECORD GRID // 0° · 45° · 90°
State index
OBSERVED · LAST GOOD CHECK
- 0° monitored
- 45° stated
- 90° enacted · primary attached
- Dotted: NOT MONITORED, never zero
INDEX SX 07 // COMPANIES
Entity index
| Name (EDGAR) | Status | Role |
|---|---|---|
| Applied Digital Corp. CIK 0001144879 | STUB | HOST |
| Cipher Digital Inc. CIK 0001819989 | FULL | HOST |
| Constellation Energy Corp CIK 0001868275 | STUB | POWER |
| Core Scientific, Inc./tx CIK 0001839341 | STUB | HOST |
| CoreWeave, Inc. CIK 0001769628 | STUB | HOST |
| DIGITAL REALTY TRUST, INC. CIK 0001297996 | STUB | LANDLORD |
| EQUINIX INC CIK 0001101239 | STUB | LANDLORD |
| IREN Ltd CIK 0001878848 | STUB | HOST |
| NRG ENERGY, INC. CIK 0001013871 | STUB | POWER |
| ORACLE CORP CIK 0001341439 | STUB | CLOUD |
| Vertiv Holdings Co CIK 0001674101 | STUB | EQUIPMENT |
| Vistra Corp. CIK 0001692819 | STUB | POWER |
FULL = reviewed source-linked sections on file. STUB = identity and filings only; sections appear after records pass review.
LATEST RECORDS // PASSED REVIEW
Latest gated records
OBSERVED · LAST GOOD CHECK
RECORD SX 07-A // SITES // FILED 2026-11-02
COMPANY DISCLOSUREBlack Pearl Facility -- 300 MW -- Wink, Texas -- bitcoin mining through February 2026; phased delivery to an HPC tenant commenced August 2026
Verbatim quote and source
The Company has a 300 MW data center in Wink, Texas that draws power from the power grid (the “Black Pearl Facility”) that was used for bitcoin mining through February 2026, and in August 2026 commenced phased delivery to an HPC tenant.
10-Q Note 1, Nature of operations · Original source ↗
Cite: Seraphix Systems, “SX-07-A-0001”, v1, https://seraphixsystems.com/r/SX-07-A-0001, retrieved . · JSON
RECORD SX 07-A // SITES // FILED 2026-11-02
COMPANY DISCLOSUREBarber Lake Facility -- 300 MW -- for Fluidstack USA II Inc. -- company expects phased commencement in Q4 2026
Verbatim quote and source
the 300 MW Barber Lake Facility for Fluidstack USA II Inc. (“Fluidstack”), expecting phased commencement in the fourth quarter of 2026
10-Q Note 1, Nature of operations · Original source ↗
Cite: Seraphix Systems, “SX-07-A-0002”, v1, https://seraphixsystems.com/r/SX-07-A-0002, retrieved . · JSON
RECORD SX 07-A // SITES // FILED 2026-11-02
COMPANY DISCLOSUREStingray Facility -- 100 MW -- company expects commencement in 2027
Verbatim quote and source
the 100 MW Stingray data center (the “Stingray Facility”) expecting commencement in 2027
10-Q Note 1, Nature of operations · Original source ↗
Cite: Seraphix Systems, “SX-07-A-0003”, v1, https://seraphixsystems.com/r/SX-07-A-0003, retrieved . · JSON
RECORD SX 07-A // SITES // FILED 2026-11-02
COMPANY DISCLOSUREOdessa Facility -- 207 MW -- Odessa, Texas -- wholly owned bitcoin mining data center
Verbatim quote and source
The Company also operates one wholly owned bitcoin mining data center, a 207 MW site located in Odessa, Texas that draws fixed priced power from a power purchase agreement with its electricity provider (the “Odessa Facility”).
10-Q Note 1, Nature of operations · Original source ↗
Cite: Seraphix Systems, “SX-07-A-0004”, v1, https://seraphixsystems.com/r/SX-07-A-0004, retrieved . · JSON
RECORD SX 07-A // SITES // FILED 2026-11-02
COMPANY DISCLOSURESeven additional sites expected to be built out for HPC
Verbatim quote and source
The Company’s portfolio as of September 30, 2026 also consists of seven additional sites expected to be built out for HPC.
10-Q Note 1, Nature of operations · Original source ↗
Cite: Seraphix Systems, “SX-07-A-0005”, v1, https://seraphixsystems.com/r/SX-07-A-0005, retrieved . · JSON
RECORD SX 09-TX // STATUTE // SIGNED 2025-06-20
ENACTEDSB 6 (89th Legislature) -- large-load interconnection standards; demand threshold of 75 MW in the ERCOT region
Verbatim quote and source
The commission shall establish a demand threshold of 75 megawatts unless the commission determines that a lower threshold is necessary to accomplish the purposes described by Subsection (b).
SB 6 enrolled text, Sec. 37.0561(c) · Original source ↗
Cite: Seraphix Systems, “SX-09-TX-0002”, v1, https://seraphixsystems.com/r/SX-09-TX-0002, retrieved . · JSON
RECORD SX 09-GA // VETO // REPORTED 2024-05-11
REPORTED · PRIMARY PENDINGGovernor vetoed HB 1192 (2024 session), listed as Veto 7 in the Governor's 2024 veto messages. Per the veto message, the bill would have imposed a two-year pause on issuing sales and use tax exemption certificates to high-technology data centers and data center customers, cutting off new certificates after July 1, 2024 for many customers of projects already in development. Stated reason: the legislature had extended these exemptions two years earlier through 2031, and the pause would undermine investments made in reliance on that extension.
Verbatim quote and source
House Bill 1192 would implement a two-year pause on the issuance of sales and use tax exemption certificates to high-technology data centers and data center customers. Only two years ago the legislature extended these tax exemptions for an additional three years, through 2031. The bill’s language would prevent the issuance of exemption certificates after an abrupt July 1, 2024 deadline for many customers of projects that are already in development—undermining the investments made by high-technology data center operators, customers, and other stakeholders in reliance on the recent extension, and inhibiting important infrastructure and job development. For the foregoing reasons, I VETO HOUSE BILL 1192.
Governor Brian P. Kemp, 2024 Session of the Georgia General Assembly, Veto Messages (PDF), VETO 7, page 3 of 5 · Original source ↗
Cite: Seraphix Systems, “SX-09-GA-01”, v1, https://seraphixsystems.com/r/SX-09-GA-01, retrieved . · JSON
RECORD SX 09-VA // STATUTE // EFFECTIVE 2010-07-01
ENACTEDSales and use tax exemption for computer equipment and enabling software purchased or leased for use in a qualifying data center, applying to the data center operator and the tenants of the data center collectively, running from July 1, 2010 to June 30, 2035, with extensions available under subdivision 19. Thresholds include $150 million of capital investment and 50 new jobs paying at least 1.5 times the local prevailing wage; lower thresholds apply in distressed localities.
Verbatim quote and source
Beginning July 1, 2010, and ending June 30, 2035
Code of Virginia § 58.1-609.3, subdivision 18 a · Original source ↗
Cite: Seraphix Systems, “SX-09-VA-01”, v1, https://seraphixsystems.com/r/SX-09-VA-01, retrieved . · JSON
Coverage
OBSERVED · LAST GOOD CHECK
| Source | Coverage | Last good check |
|---|---|---|
| SEC EDGAR · filings | OBSERVED Filings for every pilot entity | |
| EIA-930 · hourly grid demand | OBSERVED ERCO, PJM, SOCO balancing areas | |
| Statutes, codes + executive actions | OBSERVED · MANUAL Primary text for ENACTED records in pilot states | |
| Press · secondary | OBSERVED · MANUAL Named outlets only; replaced when a primary is attached | |
| State utility commission dockets | NOT MONITORED PUCT, Georgia PSC, Virginia SCC | Not stated in source |
| Large-load interconnection queues | NOT MONITORED ERCOT, PJM, Georgia Power | Not stated in source |
| Environmental + local permits | NOT MONITORED TCEQ, Georgia EPD, Virginia DEQ, local land use | Not stated in source |
| State + county incentive agreements | NOT MONITORED Comptroller, revenue departments, county abatements | Not stated in source |