RATE Group | Bitmain initiates Bitcoin mining facility in Texas
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Bitmain initiates Bitcoin mining facility in Texas

23 Oct Bitmain initiates Bitcoin mining facility in Texas

Posted at 06:02h in Bitcoin News by

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  • This is presently the third cryptocurrency mining project from Bitmain in the United States. 
  • Bitmain intends to create the world’s largest Bitcoin mining farm with a capacity of up to 300 MW.

Chinese ASIC manufacturer Bitmain has collaborated with DMG and the Rockdale Municipal Development District to open a bitcoin mining facility. This is presently the third cryptocurrency mining project from Bitmain in the United States. As per the recent announcement, the construction on the first 25 MW mining farm started back in 2018. It was constructed on a 33,000-acre plot owned by the Aluminum Company of America. With a capacity of 50 MW, Bitmain welcomes its ambitious new facility. Bitmain intends to create the world’s largest Bitcoin mining farm with a capacity of up to 300 MW.

Texas is known as the energy capital of the world for the reason that many major energy companies have a base in Houston. Due to this reason, Bitmain is planning to establish a…

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