Bitcoin Miner Bitfarms Begins Construction Of 210 MW Farm
The bitcoin miner announced that it signed contracts and started constructing a 210 megawatt farm in Argentina.Toronto-based bitcoin miner Bitfarms has signed engineering, procurement, and construction contracts in Argentina to construct a new mining farm there.The company’s new mining operations in the South American country are expected to accommodate 55,000 new mining rigs.Bitfarms said the new farm will add up to 210 MW of power capacity by 2022.Bitcoin mining company Bitfarms announced that it had signed engineering, procurement, and construction (EPC) contracts and begun the....
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Bitfarms, a bitcoin mining company, announced last week that construction is underway for a mega bitcoin mining farm in Argentina. The facility, which is designed to accommodate 55,000 miners, will be finished by next year. This is yet another signal that mining companies are looking for new areas with favorable conditions and cheap energy to migrate to, including places like Texas and El Salvador.
Bitfarms Expands to Argentina
Bitfarms, a Nasdaq-listed bitcoin mining company, announced it started building what will be a mega bitcoin mining farm in Argentina last week. The....
Bitfarms, the Canada-based Bitcoin mining unicorn, has at last revealed details about its activities in Argentina. The company says that the Bitcoin mega mining farm, whose construction started last month, will be built in the province of Cordoba, in association with a private power plant. Bitfarms will purchase the energy directly from this private power company, reportedly without causing stress to the power grid of the country.
Bitfarms Opens Up About Plans in Argentina
Bitfarms has revealed details about the construction of its bitcoin mega-mining farm in Argentina, which,....
The construction of a bitcoin mega-mining farm in Argentina by Bitfarms is raising concerns for legislators. Martín Berhongaray, a national deputy, recently presented a resolution to force the government to disclose information about the installation of the facility, through representatives from the Ministries of Science, Technology and Innovation, Environment and Sustainable Development, and of the nation’s economy.
Bitfarms Mega Farm in Sights of Legislators
The ambitious project that Bitfarms, a mining behemoth headquartered in Canada, is building in Argentina, has....
Bitfarms, the Bitcoin mining company based in Canada, shared new details of the mega Bitcoin farm of $250 million investment they are building in Argentina. They revealed it is being built in the province of Cordoba because of an association with a private power plant that will bring cost reduction. Bitfarms, a company listed in […]
The bitcoin miner acquired its first property on American soil in a bid to reduce operating costs and increase margins.