Biggest Bitcoin Farm is Being Built in Kazakhstan
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. https://www.publish0x.com/tag/bitcoin https://www.coindesk.com/bitcoin-mining-facility-rigs-kazakhstan 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 https://www.publish0x.com/v The country is ranked 4th in terms of hashrate distribution with 6.17% of the network, according to the University of Cambridge https://cbeci.org/mining_map Resources https://www.flickr.com/photos/ninara/8239492922 Bitcoin (BTC) Mining Bitcoin Mining Kazakhstan https://www.publish0x.com/tag/bitcoin https://www.publish0x.com/tag/mining-tnelxve https://www.publish0x.com/tag/kazakhstan-tejjapv [sponsors]
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