A huge investment is being made in the topic of ‘renewable energy in Bitcoin mining’, which has been much discussed lately. Manhattan Solar Partners is building the largest renewable-powered cryptocurrency mining data center in the United States.
A giant renewable energy-powered cryptocurrency mining center is now being built in the state, after crypto-asset custody clearance was issued for banks in Texas yesterday.
It will be the largest in the country
Established as a joint venture of two cryptocurrency mining companies, BIT5IVE and GMine, Manhattan Solar Partners plans to build a crypto data center using more than one gigawatt of renewable energy in Texas. As you may remember, last month, Bitcoin mining company Marathon Digital Holdings announced its plans to establish a data center worth 67 million dollars in Texas.
They are on their way to becoming the world’s cryptocurrency mining
It is stated that after this investment to be made in Texas, about 700 skilled job opportunities will be opened in the state and the region is expected to become a global cryptocurrency mining center. Cryptocurrency data centers are expected to begin installation in the third quarter of 2021 and to be operational in the fourth quarter of 2021.
It is known that many large mining companies have started migration from the country to other regions, especially North America, due to the large operation and harsh measures taken by China against crypto money miners. Texas is located close to the US-Mexico border, where besides solar energy, wind and natural gas-based energy are also heavily used.