On Thursday, the bitcoin mining firm U.S. Bitcoin Corp revealed the agency has efficiently secured internet hosting agreements with 5 totally different firms to put in 150,000 application-specific built-in circuit (ASIC) bitcoin miners. The bitcoin mining machines shall be hosted in knowledge facilities located in Texas and Nebraska. The chosen websites for this endeavor are U.S. Bitcoin Corp’s Charlie, Delta, and Echo places.
U.S. Bitcoin Corp Companions with Business Leaders to Deploy 150,000 Bitcoin Miners in Texas and Nebraska
Regardless of the challenges confronted throughout the crypto winter of 2022, a major surge in bitcoin mining operations is now underway. On Might 18, U.S. Bitcoin Corp (USBTC) unveiled its bold plan to unleash a formidable military of 150,000 mining machines. The most recent deployment shall be executed in collaboration with 5 outstanding bitcoin mining operations: Marathon Digital, Foundry USA, Sphere 3D, Decimal Group, and Teslawatt.
USBTC sealed a multi-year deal to host their machines on the firm’s Charlie, Delta, and Echo places. The Charlie facility, nestled in Kearney, Nebraska, shall be one of many internet hosting websites, whereas the Delta web site is situated in Granbury, Texas. Notably, the Echo mining web site in Upton County, Texas, co-located with a wind farm, is a shared facility with joint possession between USBTC and Nextera Vitality (NEE). This partnership with NEE was solidified in December 2022 when USBTC acquired its stake from Compute North.
“Our most up-to-date partnerships with main internet hosting prospects showcase our dedication to collaborative progress and innovation,” Asher Genoot, the president of USBTC stated in an announcement. “We proceed to increase operations throughout websites each absolutely owned by USBTC and operated in partnership with pioneering web site house owners like Generate Capital and Nextera Vitality.”
Genoot added:
We’re dedicated to driving the way forward for sustainable and environment friendly bitcoin mining infrastructure and our potential to safe main internet hosting contracts at these websites is a testomony to this imaginative and prescient and our working capabilities.
Following within the footsteps of others within the trade, USBTC joins a wave of mining firms deploying machines on a world scale. Notably, Cleanspark made headlines by buying 65,000 bitcoin miners from Bitmain, with the transactions occurring on two separate events in 2023.
One other vital transfer got here from Stronghold Digital, who solid a strategic partnership with a subsidiary of the mining rig producer Canaan. Stronghold’s collaboration goals to unleash the ability of 400 petahash per second (PH/s) by means of the deployment of Avalon-made ASIC machines.
What are your ideas on the current growth of bitcoin mining operations and the partnership between U.S. Bitcoin Corp and main trade gamers? Share your insights and opinions within the feedback part under.
