Bitmain launches the largest Bitcoin mining farm

Posted 21 October, 2019

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. 

Previous story

21 October, 2019 13:36

← Zcash community discovers fake ZecWallet

Zcash community recently reported that there is a fake ZeWallet is being promoted on social media platforms which contains malware. 

Zcash community discovers fake ZecWallet

Next story

21 October, 2019 10:53

HTC unveils budget Exodus 1s blockchain phone →

Taiwanese electronics giant HTC has released a new mobile phone tailored with a hardware wallet to hold certain cryptocurrency assets, including bitcoin. 

HTC unveils budget Exodus 1s blockchain phone
Write a comment
 
Prove you’re not a bot + 9 = 26