New cryptocurrency data processing center starts operations in New York
In a recent announcement, one of the world's largest crypto-mining data centers began operations in Massena, New York, which has a capacity of 435 megawatts in more than 5,200 square kilometers.
For its part, one of the subsidiaries of the data processing center of 'North Country', Coinmint, said that the facilities in New York will focus mainly on the mining of the most valued cryptocurrencies in the market, such as bitcoin (BTC). , Dash and Ethereum (ETH). Also, Kyle Carlton, a spokesperson for Coinmint, noted the following:
The citizens of the area and their hydroelectric energy, an ecological alternative to the less sustainable energy resources used in other digital asset infrastructure data processing centers, were the catalyst for our move and will be the fundamental reasons for a continuous expansion. Reduced electricity costs will allow us to compete in the global digital currency market that has been emerging at a high speed.
It should be noted that the company has already invested more than US $ 50 million in the new facilities, added to another US $ 700 million that will be distributed over the next 18 months, in order to offer more than 150 jobs. These efforts make the new data center the most avid competitor in today's market.
Every time the crypto ecosystem expands, the entrepreneurs in this field know well what the potential of these crypto currencies is and increasingly seek to expand their range of operations. For us cryptoactives it is important that this type of events are happening as we corroborate that it is not a waste of time to belong to its face of creation and development.
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