World’s Third Most Powerful Data Center to be Used For Bitcoin Mining
Bitmain, the Bitcoin industry’s second largest mining pool and most popular mining equipment manufacturer, has partnered with investors in China to launch the world’s third most power consumed data center. The company, which currently controls 18.6 percent of the Bitcoin network’s hashpower, plans to build a highly efficient and powerful data center to increase its share of Bitcoin’s hashrate distribution and demonstrate the importance of utilizing renewable energy, such as solar energy, to operate its massive data center. Bitmain Co-CEO Jihan Wu stated: “We have seen that most data....
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Bitmain has just announced a partnership with many investors and is in the midst of building a 135-watt data center. The data center will house many different companies and is located in, the province of Xinjiang in China. The entire data center will be made up of 45 different buildings with most sold before construction started. The aim of the new data center is to provide a stable, powerful data center that eliminates many of the wasteful setups Bitcoin and even traditional data centers have now. Jihan Wu, Co-CEO of Bitmain From The Official Release. “We have seen that most data centers....
KnC Miner has announced their expansion of an additional 20 MW to their data center in what they call the Node Pole by the arctic circle. The Node Pole is their nickname for the mining operations so far north. The new data center will be called Boden 2 and bring their site to a total of 30 MW and 15000 square meters. They are to have the new mining data centers operational by the end of 2014. The high rate of which they are building out is showing up in a big way on the Bitcoin Mining Pool Charts and KnC are currently reporting 7% of the global hash rate. KnC recently stated their....
The bitcoin mining operation Compute North has announced it is in the midst of constructing a 300-megawatt (MW) data center in Granbury, Texas. According to the mining firm, the data center located near Wolf Hollow Power Plant will be scalable up to 600 MW going forward.
300 MW of Capacity to Start, 600 MW in the Future
On April 8, the blockchain infrastructure and hosting services provider Compute North announced the launch of a new 300-MW bitcoin mining facility in Texas. The TIER 0 data center will be located near Wolf Hollow Power Plant and eventually, the company aims to....
KnCMiner is one of the most prominent companies in the Bitcoin mining scenes, and they have gotten a lot of attention in recent years. Additionally, the company has seen its fair share of success, and KnCMiner data centers have been erected in multiple places. According to an article by PCWorld, a new four-week data center build-out is scheduled for the company. When it comes to getting a new Bitcoin mining data center up and running, KnCMiner is taking things quite seriously. In fact, the company uses a very tight schedule to get things moving along, and the current plan is to get their....
Beijing-based Bitcoin ASIC hardware producer and mining giant, Bitmain, announced on November 5 that it’s in the process of building a major data center complex in the northwest of China. The company says the facility will be capable of consuming up to 135 megawatts of power and is set to become the second largest data center in the world. According to a press release published by Bitmain: “[The facility] is specially designed for high-performance computing and, considering the interest of most investors in the data center, mining of cryptocurrencies such as Bitcoin will be its major....