Bitmain Reveals Plans for Major Bitcoin Mining Data-Center in Northwestern China

BitsPlan

Beijing-based Bitcoin ASIC hardware producer and mining giant, Bitmain , announced on November 5 that it’s in the process of building a major data center complex in the northwest of China. The company says the facility will be capable of consuming up to 135 megawatts of power and is set to become the second largest data center in the world.

According to a press release published by Bitmain:

“[The facility] is specially designed for high-performance computing and, considering the interest of most investors in the data center, mining of cryptocurrencies such as Bitcoin will be its major application.”

Xinjang: Cold, Dry Climate is Ideal

The data center is to be located near the city of Karamay in the northwestern province of Xinjiang, which is the largest Chinese administrative division in the country. According to Bitmain’s international marketing manager, Nishant Sharma, Xinjang was chosen for its “bitterly cold and dry climate,” which is ideal for bitcoin mining, and for its access to government-supported, low-cost wind and solar electricity.

Additionally, Sharma noted:

“The government is supportive of new technologies that can develop the region’s economy and generate more employment opportunities.”

The facility will consist of 45 dust-free buildings with advanced cooling systems.

Read more ... source: TheBitcoinNews

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