RATE Group | Bitcoin Mining Firms Merge to Build World’s Largest Purported Mining Farm in 2020
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Bitcoin Mining Firms Merge to Build World’s Largest Purported Mining Farm in 2020

19 Nov Bitcoin Mining Firms Merge to Build World’s Largest Purported Mining Farm in 2020

Posted at 20:21h in Bitcoin News by

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German Bitcoin (BTC) mining firm Northern Bitcoin has entered a merger agreement with United States-based competitor Whinstone to jointly build what will supposedly be world’s largest mining farm.

According to a Northern Bitcoin press release published on Nov. 18, Whinstone is already building the aforementioned facility which is expected to have a capacity of one gigawatt on an area of over 100 acres in Texas. The mining farm in question will allegedly be the largest data center in North America.

A quick construction plan

The first phase of the construction — which is expected to conclude in Q1 2020 — will already have a capacity of 300 megawatts. Construction is expected to be completed in Q4 2020.

The first two clients that will take advantage of the upcoming facility will reportedly be two publicly traded corporations that will use a significant portion of its capacity for Bitcoin mining. Still, after its completion, the data center will also allow for the acceleration of…

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