Mar 3, 2022 17:00 EST
BODEN, Sweden, March 3, 2022 (Newswire.com)
Genesis Digital Assets, one particular of the largest industrial-scale Bitcoin mining organizations in the entire world, nowadays announced a new self-hosted Bitcoin mining knowledge heart in Sweden.
The new details center expects to have up to 100 MW megawatts on line by 2024. The strength utilised by the new farm arrives from 100% cleanse power sources.
Commenting on the new info middle, Tim Liepold, Head of Electric power at Genesis Digital Assets, explained: “This most up-to-date enlargement aligns with GDA’s emphasis to recognize ways to electric power our facilities with clean electricity though also producing jobs for the area economic climate. We’re happy to see this task get started and search ahead to expanding this hydro-run knowledge heart in the upcoming.”
This most up-to-date announcement comes just after a flurry of recent firm news. In 2021, Genesis Digital Belongings introduced 1 of the premier procurement discounts in the record of the business and much more than $550 million elevated with the most latest round led by Paradigm with participation from NYDIG, Stoneridge, Alameda Study, Ribbit, Electrical Money, Skybridge, and Kingsway Funds.
“We’re on a mission to provide the infrastructure that will energy the open up-source monetary method revolution and this facts center marks yet another essential milestone as we operate to execute on our huge photograph vision,” stated Liepold.
About Genesis Electronic Assets
Genesis Electronic Assets is one particular of the world’s biggest and most skilled Bitcoin mining firms. Because 2013, founders of the enterprise have built around 20 industrial-scale mining farms, introduced over 300,000 miners online, and mined above $1 billion in Bitcoin. Discover extra at genesisdigitalassets.com.
Source: Genesis Electronic Assets