Alteri Enterprices

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Location United States
Website alteri.io/
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Business Description

Alteri Energy designs, deploys, and operates Bitcoin mining data centers on the ERCOT grid in West Texas, offering Mining-as-a-Service (MaaS) to institutional and retail clients under CEO and founder Joseph Younis, a neuroscientist and medical doctor with prior startup exits.

The company's service portfolio covers three product lines: co-location, under which clients supply their own ASICs while Alteri furnishes power, infrastructure, and managed operations; scalable deployment, structured as fixed operations-and-maintenance contracts for enterprise clients building out new sites; and managed Mining-as-a-Service for institutions targeting bitcoin-denominated yield without direct hardware ownership. A proprietary SaaS platform underpins all three offerings, deducting energy costs from client mining revenues and distributing net proceeds on-invoice: a structure that eliminates upfront fiat energy deposits and ties Alteri's economics directly to miner performance.

Alteri's operational footprint spans three named Texas facilities. The Mono 1 data center in Monahans, west of Odessa, is a 12 MW air-cooled site sourcing approximately 55% renewables via ERCOT and running a fleet of Auradine ASICs. The Xion data center in Goldsmith, Texas, adds 21.2 MW of air-cooled capacity on a 48% renewables mix, also deploying Auradine hardware as part of that manufacturer's inaugural fleet placement. A third facility, Hydrion (a 10 MW direct-liquid-cooling modular data center near Houston), was targeted for Q3 2025 commissioning, bringing the identified portfolio to approximately 43 MW. All ERCOT-connected sites participate in grid demand-response programs, including the Emergency Response Service (ERS) and 4CP curtailment, generating ancillary-services revenue alongside block rewards.

In July 2025, Alteri launched a $30 million tokenized Bitcoin mining infrastructure fund on Chintai Nexus, a regulated institutional blockchain platform. The fund grants accredited investors on-chain exposure to Alteri's ERCOT data center portfolio, with monthly returns targeted at a minimum 3%, distributed automatically via smart contracts. Development costs average roughly $200,000 per megawatt, and the fund is projected to break even in just over 12 months. U.S. investors may also apply 100% equipment bonus depreciation under 2025 tax rules. Chintai CEO David Packham described the arrangement as representing "the next stage of blockchain's evolution, from speculative finance to scalable, compliant capital formation."

CFO Steven Chambers and COO Veselin Velkov complete Alteri's executive team. Alteri is incorporated in Delaware, currently operates domestically, and has stated plans for international data center deployments. Near-term, the company is focused on commissioning the Hydrion liquid-cooling facility and deploying capital raised through the open institutional fund.

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