Bitcoin Mining Firm BIT To Invest $25 Million In Texas Data Center
China’s BIT Mining Limited, a major bitcoin mining firm, has invested $25 million to build a data center in Texas.According to a recent press release, major bitcoin mining firm BIT Mining Limited has entered a binding investment term sheet with Dory Creek LLC, a subsidiary of cloud mining service Bitdeer, to invest $25.74 million and jointly construct and operate a mining data center in Texas.The total power capacity of the center is expected to be 57.2 megawatts, with more than 85% of this generated by clean and low-carbon energy.BIT Mining has a total bitcoin mining hash rate capacity of....
Related News
On Wednesday, the firm Bit Mining Limited, formerly known as 500.com, announced it has entered into a binding investment in a cryptocurrency mining data center located in Texas. The binding investment worth $25 million is with Dory Creek, LLC as the two companies will construct and operate a 57.2 MW mining facility powered by 85% low-carbon energy. Bit Mining Pledges $25M to Build a Texas Mining Facility With Bitdeer The Chinese company Bit Mining Limited has been making a number of moves into the cryptocurrency mining industry after the business used to be dedicated to lottery operations.....
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....
Genesis Digital Assets' new Bitcoin Texan mining center will have a capacity of 300 megawatts. Major U.S.-based Bitcoin (BTC) mining firm Genesis Digital Assets is building a new data center in West Texas. According to the firm’s Nov.1 announcement, the new industrial-scale BTC mining data center will have a capacity of 300 megawatts and will operate using unspecified “sustainable infrastructure.” Its energy will be sourced from the Electric Reliability Council of Texas (ERCOT). As part of the announcement, Genesis co-founder and executive chairman Abdumalik Mirakhmedov emphasized that....
Following a number of ASIC mining rig acquisitions from the manufacturer Canaan, the bitcoin mining operation Genesis Digital Assets announced on Monday that the firm is developing an industrial-scale bitcoin mining data center in West Texas. According to the announcement, Genesis says that the new facility will have 300 megawatts of capacity with a “low carbon footprint.”
Genesis Announces New Bitcoin Mining Facility With 300 Megawatts of Capacity
The mining firm Genesis Digital Assets has announced the launch of a new bitcoin mining facility that will be located....
Marathon Digital holdings will house 73,000 mining rigs at a Compute North data center being built in Texas.