Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto currency Mining => Topic started by: RSRS on October 21, 2021, 06:01:55 AM
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Singapore-based Atlas Mining today announced that it is expanding its cryptocurrency mining operations in the United States in a multi-year hosting service agreement with Compute North, a U.S.-based cryptocurrency mining infrastructure provider.
Fast facts
The deal will see Compute North providing over 100 megawatts colocation capacity — enough to power a small city — for Atlas’ mining operations in the United States. Currently 100 megawatts works out to approximately 31,000 mining machines mining about 620 Bitcoins per month.
In a statement, Atlas Chairman Raymond Yuan said that green mining and global operations are two key trends in the ASIC-mining industry.
Chris Haag, chief operating officer at Atlas Mining, told Forkast.News in an interview the deal with Compute North will enable Atlas to diversify and place its miners in multiple states. “The U.S. government is very open, especially in certain states,” said Haag, adding that states such as Texas and New York offered some of the cheapest power rates in the entire world. “A lot of renewable energy is available here — solar, wind, hydro, we have an abundance of that here.” The growth of crypto miners using renewable energy sources would also help expand the renewable sector in the U.S., Haag added.
More Information (https://cryptonews.net/en/news/mining/2292593/)
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That's exactly a big electric power.
ANd about the expansion, can it be?
We know that some people are doing mining with high equipment, and moreover many companies are also doing so. Related to Atlas, as long as this has no problem with the two countries, it will not cause any crashes. But let's see then