• Latest
Ethereum’s ProgPoW Mining Change to Be Considered for Istanbul Upgrade

SBI, GMO to Rent Capacity at Massive Bitcoin Mine in Texas: Report

January 7, 2020
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Tech

SBI, GMO to Rent Capacity at Massive Bitcoin Mine in Texas: Report

coinnewsdaily by coinnewsdaily
January 7, 2020
in Tech
0
Ethereum’s ProgPoW Mining Change to Be Considered for Istanbul Upgrade
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022

Potentially the world’s biggest bitcoin mine is said to have signed up two top corporate customers in the form of SBI Holdings and GMO.

The Japanese corporate giants will be renting mining capacity at the facility in Rockdale, Texas, recently put into construction by Whinstone Inc., according to Bloomberg sources. The firms are to begin mining “within coming months,” the report says, adding that the firms involved would not comment when asked.

As CoinDesk reported in November, when the facility gets up and running it will likely be the biggest bitcoin mine in the world, starting at 300 megawatts and expanding to 1 gigawatt by the end of 2020.

That puts the rival mine being built by Bitmain – also in Rockdale and touted as the biggest in the world – in the shade. That’s planned to start at a capacity of 25-50 MW and possibly expand to 300 MW.

Internet giant GMO was also said to have been involved in setting up the Rockdale facility, as per CoinDesk’s earlier report. In November, Whinstone estimated the data center will cost $150 million to build and fit out. The initial 300 MW of power was expected to come online in the first quarter, with 1 GW planned to be achieved late in the year.

Soon after Whinstone broke ground on its Texas project, it was acquired by Germany-based Northern Bitcoin, which already runs a bitcoin mine in Norway which harnesses renewable power. Similarly, Texas may have been chosen as the site for this major venture in part due to its availability of cheap wind power, according to Bloomberg.

Disclosure Read More

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Credit: Source link

Tags: Crypto Tech
Share76Tweet48
Previous Post

DAO Platform Aragon Begins Recruiting Jurors for Tokenized ‘Court’

Next Post

MARKETS DAILY: Are Governments Feeling the FOMO?

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

ygg sea surpasses 10,000 scholarships in just six months of launch
Alt Coin

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building
Bitcoin

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications
Alt Coin

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
green gaming
Business

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
axie infinity: what are the minimum android phone requirements to play on mobile
Alt Coin

Axie Infinity: What Are the Minimum Android Phone Requirements to Play on Mobile

April 21, 2022
Load More
Next Post
MARKETS DAILY: Are Governments Feeling the FOMO?

MARKETS DAILY: Are Governments Feeling the FOMO?

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$23,097.001.08%
  • ethereumEthereum(ETH)$1,585.310.93%
  • tetherTether(USDT)$1.00-0.08%
  • binancecoinBNB(BNB)$312.691.80%
  • rippleXRP(XRP)$0.4058002.95%
  • cardanoCardano(ADA)$0.3908104.88%
  • dogecoinDogecoin(DOGE)$0.0950056.45%
  • matic-networkPolygon(MATIC)$1.122.54%
  • okbOKB(OKB)$37.871.00%
  • solanaSolana(SOL)$23.83-0.30%
  • polkadotPolkadot(DOT)$6.251.04%
  • shiba-inuShiba Inu(SHIB)$0.0000122.43%
  • litecoinLitecoin(LTC)$94.161.81%
  • tronTRON(TRX)$0.0624360.15%
  • daiDai(DAI)$1.00-0.23%
  • cosmosCosmos Hub(ATOM)$13.391.41%
  • chainlinkChainlink(LINK)$6.950.19%
  • leo-tokenLEO Token(LEO)$3.55-1.49%
  • moneroMonero(XMR)$177.770.82%
  • ethereum-classicEthereum Classic(ETC)$21.621.08%
  • bitcoin-cashBitcoin Cash(BCH)$133.512.04%
  • stellarStellar(XLM)$0.0906000.77%
  • crypto-com-chainCronos(CRO)$0.0789661.52%
  • filecoinFilecoin(FIL)$5.212.13%
  • algorandAlgorand(ALGO)$0.2410960.51%
  • vechainVeChain(VET)$0.023189-0.04%
  • internet-computerInternet Computer(ICP)$5.882.07%
  • aaveAave(AAVE)$82.972.13%
  • eosEOS(EOS)$1.061.13%
  • elrond-erd-2MultiversX(EGLD)$42.911.72%
  • theta-tokenTheta Network(THETA)$1.030.93%
  • tezosTezos(XTZ)$1.060.17%
  • paxos-standardPax Dollar(USDP)$1.000.19%
  • huobi-tokenHuobi(HT)$5.131.14%
  • bitcoin-cash-svBitcoin SV(BSV)$42.680.47%
  • havvenSynthetix Network(SNX)$2.300.51%
  • dashDash(DASH)$60.682.15%
  • pancakeswap-tokenPancakeSwap(CAKE)$4.041.54%
  • iotaIOTA(MIOTA)$0.2276951.46%
  • makerMaker(MKR)$652.422.65%
  • zcashZcash(ZEC)$45.221.65%
  • neoNEO(NEO)$8.182.35%
  • zilliqaZilliqa(ZIL)$0.0270781.11%
  • basic-attention-tokenBasic Attention(BAT)$0.2539483.26%
  • compound-governance-tokenCompound(COMP)$52.100.79%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • nemNEM(XEM)$0.0373381.78%
  • kusamaKusama(KSM)$35.383.45%
  • bitcoin-goldBitcoin Gold(BTG)$16.83-1.11%
  • qtumQtum(QTUM)$2.690.26%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • wavesWaves(WAVES)$2.491.56%
  • sushiSushi(SUSHI)$1.271.73%
  • yearn-financeyearn.finance(YFI)$7,228.970.84%
  • golemGolem(GLM)$0.2323740.13%
  • omisegoOMG Network(OMG)$1.401.92%
  • ontologyOntology(ONT)$0.207078-0.23%
  • digibyteDigiByte(DGB)$0.0104601.31%
  • umaUMA(UMA)$2.042.43%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%