New data center for Bitcoin mining

Bitmain, the second largest mining pool in the Bitcoin industry and the most popular mining equipment manufacturer, wants to build the world’s third largest data center together with Chinese investors. The company, which currently controls 18.6 percent of the bitcoin network hash, is planning to build a highly efficient and powerful data center to increase its share of Bitcoin hash distribution. They also want to demonstrate the importance of renewable energy such as solar energy and use it as a source of energy for the data center.

In essence, Wu and the rest of the Bitmain team are trying to find an example of other mining companies and companies that run large data centers, contributing a considerable amount of computing power to the Bitcoin network. Wu believes that the majority of data centers in the bitcoin mining industry have not recognized the importance of energy-efficient mining and the use of renewable energies.

Bitmain’s Bitcoin Mining Data Center will be one of the world’s largest power generation plants with 135 megawatts of electricity. Thus, Wu and his team are aiming to use innovative technologies such as work-saving cooling and dust-free systems to ensure that the computing and mining equipment in their plant is

Read more ... source: TheBitcoinNews

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