RATE Group | Bitcoin Mining Moves to Texas, Bitmain Announces Partner for Massive New Facility
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Bitcoin Mining Moves to Texas, Bitmain Announces Partner for Massive New Facility

21 Oct Bitcoin Mining Moves to Texas, Bitmain Announces Partner for Massive New Facility

Posted at 20:15h in Bitcoin News by

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The Bitcoin mining giant Bitmain has just announced that it will work with a Canadian startup to help create a facility with potentially 300MW of power in Texas. DMG Blockchain Solutions Inc. will be providing the Chinese firm with project management services.

The news comes less than a week after a different startup announced its intentions to also bring Bitcoin mining to Texas. Layer 1 aims to create an all-in-house mining facility and has received funding of $50 million to help it achieve this.

Another Massive Mining Operation for Texas

According to a press release, Bitmain has partnered with a Canadian startup to help it create a massive mining facility in Texas. The Chinese hardware manufacturer will be working with DMG Blockchain Solutions Inc. – a self-described “diversified blockchain and technology company.” DMG states that it was chosen following an extensive selection process.

Bitmain initially started construction of a 25MW mining farm on a 33,000 acre site in…

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