20/11/19 05:23 UTC-6
The German Northern Bitcoin company has teamed up with the American Whinstone company to open the largest Bitcoin cryptocurrency mining farm in the world. Construction is open in Texas and expects to reach 300 megawatts in the first quarter of next year.
The site should be about 100 acres (40.5 ha), and the capacity should reach 1GW. Bitcoin news informs that popular large corporations will become its first users in tokenToken
– is an accounting unit that is used to represent a digital balance in an asset.Details miningMining
– is a type of activity for creating new blocks in the Blockchain to ensure proper system operation.
Details. In addition to its highly specialized profile in blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details technologies such as bitcoin mining, the infrastructure of the largest data center in the USA also involves the use of artificial intelligence for rendering video and applications in the future. It is planned that by the end of 2020 the construction will be fully completed. Northern Bitcoin AG CEO Mathis Schultz commented:
“Thanks to our merger, we will catapult ourselves faster than originally planned to the top of the bitcoin mining world. The Whinstone team has done a great job over the past few years and is proving its leadership in the blockchain industry by creating the world’s largest mining facility. ”
He also added:
“Together, we dominate this fast-growing industry and are well placed to greatly benefit from the future development of blockchain technology.”
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