RE: Huge Bitcoin Mine Under Construction
This thing is going to be HUGE. I’m kind of jealous, I’d love to be stuffing my coffers with what they’re going to be mining.
1 Gigawatt Bitcoin Mine Under Construction in Texas Would Dwarf Bitmain’s
Bitmain, which recently broke ground on a massive bitcoin mine at a former Alcoa plant in Texas, will have competition for that “world’s largest” mantle.
A project broke ground this month that would start at 300 megawatts and expand to 1 gigawatt by the end of next year, dwarfing Bitmain’s mine that contemplates expanding from 25 MW to 50 MW to only 300 megawatts in its largest phase.
Data center developer Whinstone US, which owns a bitcoin mine in Louisiana and has been building in the Netherlands and Sweden, assembled the Rockdale project in partnership with GMO Internet, Japan’s version of GoDaddy.
A week after the ground-breaking on Nov. 7, Whinstone US agreed to be acquired by Germany’s Northern Bitcoin, which runs a bitcoin mine in Norway on renewable resources.