RATE Group | Bitmain fulfills commitment to Rockdale, Texas, with launch of cryptocurrency mining far…
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Bitmain fulfills commitment to Rockdale, Texas, with launch of cryptocurrency mining far…

21 Oct Bitmain fulfills commitment to Rockdale, Texas, with launch of cryptocurrency mining far…

Posted at 07:07h in Cryptocurrency News by

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Construction of the initial 25MW of the mining farm, on a 33,000 acre site owned by Aluminum Company of America, Alcoa, began in 2018 as part of the company’s ongoing plans to build the world’s largest cryptocurrency mine.

Bitmain will continue to construct the 50MW facility, which can expand to a capacity of more than 300MW, making it the largest bitcoin mining facility in the world.

Bitmain will be the future for developing new industry projects in Rockdale, Texas. We are excited to continue to build partnerships together, said John King, Rockdale Mayor

The cryptocurrency mining farm in Texas, completed using a newly developed design patent, is the third cryptocurrency mine project invested in by Bitmain in the US, one of the company’s most strategic overseas locations.

“This mining facility marks a major milestone in the development of the mining farm industry. We are proud to partner with Bitmain, the leading innovator in this sector”, said Sheldon Bennett,…

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