TMGcore runs a cryptocurrency mining operation near the Legacy business area in Plano.

A recently acquired 150,000-square-foot facility in Plano is now home to an extensive cryptocurrency mining operation.TMGcore, in partnership with Houston-based Pinchal & Company, announced July 26 it had acquired the facility, which was formerly owned by Skybox Data Centers.For its operations, TMGcore developed a fluorochemical coolant that provides sustainable cooling for the facility’s operations, according to a news release from CBRE, a commercial real estate firm that represented TMGcore and Pinchal & Company in the acquisition."Leveraging the magic of this coolant and groundbreaking mining circuitry, we saw a massive opportunity to capitalize on the nascent and highly lucrative mining industry in a physical, tangible and industrial fashion," TMGcore CEO JD Enright said in the CBRE news release. "Our American-made, U.S.-driven approach not only pushes the blockchain ecosystem forward but also creates job opportunities for Texas' fast-growing technology community.”Pinchal & Company invested approximately $60 million in the project, according to a news release from TMGcore.“Of the [$17 million] raised by TMGcore to date, we are extremely gratified to have the very significant investment, support and shared vision between TMGcore, Pinchal & Company and the valued relationships Pinchal has formed over the firm’s 31-year track record of exceptional results,” Enright said in a TMGcore news release. “Pinchal and its investment group see where this technology can take many business sectors and TMGcore works tirelessly for this to be another exceptional investment for Pinchal & Company and all our stakeholders.”A CBRE spokesperson declined to provide the address for TMGcore's facility.