‘World’s Largest’ Bitcoin Mining Facility to Open in Texas

I’d heard news of this but hadn’t read-up and had no idea this was going to be outside of Austin in Texas.

Bitmain Launches ‘World’s Largest’ Bitcoin Mining Facility in Texas

Chinese cryptocurrency hardware manufacturer Bitmain has opened what it claims is the “world’s largest” facility for Bitcoin (BTC) mining in Rockdale, Texas.

In a news release published on Oct. 21, Bitmain revealed the project had been completed together with the Rockdale Municipal Development District and Canadian technology firm DMG Blockchain Solutions.

Pledges to boost the local economy
The news release places a strong emphasis on working with the local economy of Rockdale, which is located in Milam County, east of Austin.

The facility — currently developed to a current 25MW capacity, with a 50MW facility remaining under construction — sits on a 33,000-acre site and can expand to a capacity of over 300MW in the future.

The site is reportedly owned by the Aluminum Company of America, Alcoa, and formerly served as the location for a smelter.

DMG, which is to provide hosting and management services for the Texas facility, will cooperate with Bitmain to expand the facility’s capacity and ensure the efficiency of the site’s mining operations.

https://cointelegraph.com/news/bitmain-launches-worlds-largest-crypto-mining-facility-in-texas

Master Asked on October 21, 2019 in Bitcoin.
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