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In Great Britain, they will build the largest mining farm

The company plans to extract 1,280 bitcoins.

20.Mar.18 3:10 AM
By Jeff Bannister


In Great Britain, they will build the largest mining farm

The equipment supplier for NATO countries will build the largest mining farm in the UK. Telegraph reported this. The company Blendtec is going to invest about 10 million pounds sterling in the farm. The funds will be realized within the Third Bladetec Bitcoin Mining project. This amount is planned to spend on the construction and subsequent maintenance of the mining farm for two years. 

During this period the company is going to extract 1,280 bitcoins. Thus, this will be one of the most ambitious projects in the field of bitcoin mining. However, the attracted funds should pay off. According to the founder of the company John Kingdon, the Third Bladetec Bitcoin Mining project is planned in such a way that investors will not suffer losses after its implementation. When developing the project, Blendtec calculated four scenarios for profitability realization, taking into account the change in the cost of bitcoin, taking into account its price reduction by 40%, as well as its growth by 25% and 50%. After the expiration of the project, equipment is planned to be sold. 

Blendtec is a leading supplier of computer equipment for the countries of NATO. In the UK, cryptocurrency support is being introduced by various services, such as the famous payment provider Payza.

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