A bitcoin mining farm in the Arctic Circle.

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3 years ago

The Bitcluster company announced on October 14 the start of the world's northernmost bitcoin mining farm. Located on the Taimyr Peninsula (Norilsk industrial region) in the Arctic Circle, the “BitCluster North” facility currently only has 150 Antminers S19, but the company plans to triple its power next year.

Bitcluster intends to take advantage of both the freezing climate (down to -60 ° in winter), which prolongs the life of the machines and saves on cooling costs, and the low cost of energy. The company has in fact entered into a partnership with the company Norilsk-Taimyr Energy which, in the region, operates natural gas power stations and some hydroelectric power stations.

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