world's largest mining farm
Bitcoin Mining Firms Merge To Build World’s Biggest Mining Facility
November 20, 2019
world's largest mining farm
Bitcoin Mining Firms Merge To Build World’s Biggest Mining Facility
November 20, 2019

Northern Bitcoin, a bitcoin mining firm of Germany has entered a merger agreement with US-based mining firm Whinstone to jointly build the world’s largest mining farm.

On Nov. 18 a press release was published by Northern Bitcoin stating that Whinstone is already building the aforementioned facility expected to have a capacity of one gigawatt on an area of over 100 acres in Texas. It will allegedly be the largest data center in North America.

Construction Plan For The Mining Facility

The first phase of the construction is expected to conclude in Q1 2020 having a capacity of 300 megawatts. The final construction is expected to be completed in Q4 2020.

The first two clients to utilize the bitcoin mining facilities will reportedly be two publicly traded corporations. After its completion, the data center will allow for video rendering acceleration and artificial intelligence applications.

Northern Bitcoin is a sustainable Bitcoin mining company operating on a mining farm on renewable energy in Norway.

ALSO READ :  BitMEX CEO Expects Paul Tudor Jones To Bring More Investors To The Crypto Market By Investing In Bitcoin

China’s Bitmain To Build a 300MW Texas Mining Farm

In October, Beijing based Bitmain TechnologiesLtd. and DMG Blockchain Solutions announced the launch of a 25MW mining facility in Rockdale, Texas.

The new mine aims to boost Bitmain’s international expansion that will soon expand to 50MW of processing power and then extend the operation’s capacity to more than 300MW.

Source: Business Wire| Cointelegraph | Image: Blockonomics


Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Bitcoin Car Will Be Racing In Indianapolis 500 In May

Bitcoin Car Will Be Racing In Indianapolis 500 In May

Bitcoin car, the car branded with the Bitcoin logo, will be racing in circles against 32 others in this month’s Indianapolis 500. It has been reported by Jack Mallers, the CEO of Zap, that US racing driver Ed...

Jafrin Ahmed

Crypto newbie passionate about creating resourceful content on blockchain technology, cryptocurrencies and decentralized apps.