A brand new cryptocurrency mining facility is about to have the lights turned on, and crypto mining madness start — with mining facility operator Enegix teasing its big new 180-megawatt (MW) information middle for mining swimming pools opening in September 2020.
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The brand new mining facility has been in-built Ekibastuz, Kazakhstan — near the Russian border. Enegix gross sales director Dmitriy Ivanov mentioned that the power can host as much as 50,000 mining rigs — the place if packed at full capability with Bitmain AntMiner S19 sequence or MicroBT WhatsMiner M30 — it will have round 4% of Bitcoin’s present hashrate at a big 5-6 EH/s.
Enegix’s new facility will rent over 160 folks, ranging between engineers, electricians, and safety. It is not the primary in Enegix’s historical past, because it has 2 mining services already, however the brand new one in Ekibastuz is its largest to date.
The brand new mining facility has numerous energy flowing by way of it, sufficient to energy 180,000 houses within the US. Building started in August 2019 with prices sitting at round $23 million. As for the facility required for teh Ekibastuz facility, it will likely be taken straight from the Kazakhstani energy grid — which is fed from a neighborhood coal-fired station — Ivanov says it is also the most affordable supply of energy accessible.
Kazakstan is a good location for crypto mining services, as electrical energy is “low cost and plentiful” studies Fintech Zoom, with “a lot of the nation’s surplus at the moment exported to neighboring nations“. The positioning provides: “This makes the nation well-placed to change into a world middle for mining services, mentioned Ivanov. Nationwide energy stations not often function at full capability so there’s room for services to increase, and extra to come back on-line to make use of the facility“.