Biggest Bitcoin Farm is Being Built in Kazakhstan

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Mining facility operator Enegix will be building one of the biggest Bitcoin (BTC) mining farms in the world in Kazakhstan, according to a CoinDesk report published on August 21.

  • Enegix will open a 180 megawatt data center for mining pools in September 2020

  • The farm will be located in the city of Ekibastuz and can accommodate up to 50,000 mining rigs

  • If only top of the line mining hardware were used for the full setup i.e. Bitmain's AntMiner S19 series or MicroBT’s WhatsMiner M30, that would give the farm about 4% of Bitcoin’s hashrate

  • Construction has cost $23 million, but will benefit the local economy, including by hiring up to 160 people in various roles

  • Kazakhstan has been implementing crypto-friendly regulations in a bid to attract investment and businesses

  • The country is ranked 4th in terms of hashrate distribution with 6.17% of the network, according to the University of Cambridge

Resources

  1. https://www.flickr.com/photos/ninara/8239492922

Bitcoin (BTC) Mining Bitcoin Mining Kazakhstan

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Great article

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