G7finance.com - Crypto Currency Updates logo G7finance.com - Crypto Currency Updates logo
Cryptopolitan 2019-11-17 01:35:17

Core Scientific opens gigantic mining facility for 2020

Blockchain hosting provider Core Scientific has recently announced the opening of a new gigantic mining facility in Calvert City, Kentucky. The facility has reportedly the capacity of 125MW. As one MW is enough for powering one thousand homes, so with the 125MW the facility could probably provide power to a whole city. Nonetheless, they are providing electricity to the miner, more specifically the GPUs, who mine on the blockchain of Ethereum. This world-class blockchain facility with the purpose-designed infrastructure that is thermodynamically engineered to provide higher efficiency and management of temperature has deployed over 30 MW customer blockchain servers. Core

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer