$700 Million Crypto Mining Data Center Starts Operations in New York

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$700 Million Crypto Mining Data Center Starts Operations in New York

Wed Jun 06, 2018 12:35 pm

One of the worlds biggest crypto mining data centre has begun operations in Massena, New York, with a capacity of 435-megawatt on a 1300-acre site.

Coinmint, a wholly owned subsidiary of North Country Data Center Corporation, says it will be used to mine several prominent digital currencies including Bitcoin, Dash and Ethereum.

“The area’s citizens and its hydroelectric power – a green alternative to the less sustainable energies used at other digital asset infrastructure data centers – were the catalyst for our move and will be foundational assets for continued expansion.

The reduced electricity costs will enable us to compete in the rapidly emerging digital currency global marketplace,” says Kyle Carlton, a spokesman for Coinmint.


https://www.trustnodes.com/2018/06/06/7 ... s-new-york

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