21 October 2019, Bitmain, the leading crypto mining hardware manufacturer announced the launch of a 50MW cryptocurrency mining farm in the US state of Texas. Though the construction of the first phase is complete, Bitmain will continue to expand the facility to touch 50MW of capacity. In addition, the site has been designed to expand the mining operation up to 300MW. Bitmain established the new mining facility with an aim to make its the largest digital asset mining facility on the globe.
" We are excited to launch this facility, which is significant to Bitmain’s global expansion plans. The stable and efficient energy resources in Texas are fundamental to the inevitable scale of growth for the cryptocurrency mining industry." - Clinton Brown, Rockdale lead project manager for Bitmain, said.
According to the official press release, the launch of the Rockdale facility is part of Bitmain’s efforts to grow and bring more mining opportunities to the United States.
Sheldon Bennett, COO of DMG, said that this mining facility makes as a significant milestone in the development of the mining farm industry. He added that they are proud to partner with Bitmain, which is the leading innovator in this sector.
To ensure efficient operations of the mining facility, alongside the expansion, DMG will be responsible to provide hosting and management services for the Texas facility. In addition, the Chinese giant will also work with local authorities to grow its on-ground community.