Genesis Digital Assets opens three new facilities in South Carolina in US expansion
Bitcoin miner Genesis Digital Assets (GDA) revealed on Aug. 1 that it has launched 3 new information centers in the U.S. state of South Carolina. The centers came online in February and March.The centers lie in the western part of the state, with the very first opening in the town of Anderson on the site of a deserted storage facility. It has a capability of 18 MW. Facilities were opened in between the towns of Union and Lockhart the following month that had an integrated capability of 15 MW. Genesis Digital Assets in South Carolina. Source: Genesis Digital AssetsThe company stated in a declaration that the new facilities were part of an expansion in the United States. GDA North American head Ankit Joshi stated, “We were amazed to see how these regional neighborhoods welcomed us so warmly as a chance for their economy.” Time for another WARNING! We are NOT onboarding new clients. We will never ever reach out to you on social networks, WhatsApp, or Telegram to sell you something. Dont send your cash to fake Genesis Mining “agents”! #genesismining– Genesis Mining (@GenesisMining) February 21, 2023
The included capability is rather modest compared, for example, to the 300-MW center the business opened in Texas in 2021. GDA stressed that the facilities will operate on tidy energy. The Anderson information center will use Hitachi dry-type circulation transformers and will return power to the grid when required. GDA CEO Andrey Kim stated:” Our objective is to be industry leaders and reveal the world that Bitcoin mining can be extremely ESG [environmental, social and governance] -friendly.” GDA has actually constructed over 20 Bitcoin mining facilities in North America, Europe, and Central Asia and has a total capacity of over 400 MW.Related: Fortune debuts Crypto 40; Ethereum takes leading honors for protocol categoryThe brand-new centers are premiering as the Bitcoin (BTC) hash rate continues to climb up in anticipation of the cutting in half anticipated to take place on April 26, 2024. Mining problem has likewise climbed 51% this year to an all-time high. The price of Bitcoin has actually also risen 78.88% this year. Magazine: Bitcoin is on a clash with Net Zero guarantees
Bitcoin miner Genesis Digital Assets (GDA) revealed on Aug. 1 that it has actually launched three new data centers in the U.S. state of South Carolina. Genesis Digital Assets in South Carolina. Source: Genesis Digital AssetsThe company said in a statement that the new centers were part of an expansion in the United States. #genesismining– Genesis Mining (@GenesisMining) February 21, 2023