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Whinstone Signed Merger Deal With Northern Bitcoin To Introduce World’s Biggest Mining Farm

| 21-Th11-2019

Northern Bitcoin – the Germany-based Bitcoin (BTC) mining firm – has reportedly agreed on a merger deal with Whinstone – a rival mining firm from the US – to achieve the ambition of setting up the biggest mining farm throughout the world. 

Revealed by Northern Bitcoin on November 18, the project is already in the developing process, and is expected to possess the power of 1 gigawatt/area, and will be built over more than 100 acres of Texas land. When officially available, the facility can go down into history as the biggest North America-based data center. 

The first phase of the project – which is expected to be finalized in the first quarter of next year – can possess the power of up to 300 megawatts. According to the plan, the final phase of the developing process will be finished around the end of 2020. 

Though have not been specifically revealed, the first 2 firms that will be using the services of the facility, particularly Bitcoin mining, are reportedly publicly traded companies. Other major services of the facility after its finalization includes enhancing the speed of video rendering and artificial intelligence applications.

The introduction of the world’s biggest mining center will help reinforce the US stance in the crypto mining scene, as China has been taking the leading role in the industry, with numerous big players of the field headquartered there, nominally Bitmain.

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