American mining company for coinmine is investing $700 million to the former aluminum plant in Massena in the North-Eastern United States to create the world's largest center for mining bitcoin with the area of 5.2 thousand hectares. it is reported by CNBC.
The production capacity of the future center will be 435 MW. Coinmine promises to create about 150 new jobs in the city.
According to the technical Director of Coinmine Example Leary, in the Mass are not cheap sources of electricity, in particular hydroelectric power and wind turbines.
He also noted that each computer for mining consumes 1400 watts, which is comparable to the energy consumption of one Hairdryer. In addition, the mild climate of the city will reduce the cost of cooling equipment.
