Largest Bitcoin Mining Facility In World To Be Built In North America

The largest Bitcoin mining facility in North America and also on this planet is announced. Northern Bitcoin AG, a Bitcoin mining company will be completing its promise as they said.

largest-bitcoin-mining-facility-in-world-2020

Largest Bitcoin Mining Facility, About 100 acres.

Northern Bitcoin AG, the frankfurt based crypto mining company has merged with Whinstone US, Inc., one of their old rivals in cryptocurrency mining. The ventures together will build the largest bitcoin mining facility spread over 100 acres of land in Texas.

It will also be the largest data center in North America and the largest Bitcoin mining facility in the world that will be built in three phases with local construction partners.

Northern Bitcoin AG and Whinstone US, together have aimed to build capacity to a massive one gigawatt by the end of next year. In the first quarter of 2020, they will be completing the first phase of the project.

“With this merger, we are catapulting ourselves faster than originally planned to the top of the world in Bitcoin mining. Whinstone’s team has done a great job over the past few years and is proving its leadership in the blockchain industry by building the world’s largest mining facility” said Northern Bitcoin AG CEO, Mathis Schultz

Aroosh Thillainathan, Co-Founder and Managing Director of Whinstone US. commented “With stock-listed Northern Bitcoin AG, we have found the ideal partner to position our successful business development on the capital market from now on. The joint company has the immediate potential to shape the future course of the global mining industry,”

Northen American AG is Bitcoin blockchain-focused firm headquartered in Frankfurt. They operate on their own state-of-the-art mining hardware based on renewable energy sources under extremely cost-efficient and secure conditions as well as a self-developed mining pool.

Whinstone US is a colocation partner for the data center industry. Whinstone systems provide the industries best technology, design, and software to run a large scale mining facility.

Leave a Reply

Your email address will not be published. Required fields are marked *