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The largest US farm will be located in New York

The creation of the center will be carried out by Coinmint.

07.Jun.18 7:17 AM
By Shawn Highstraw


The largest US farm will be located in New York
In the US there will be a meine farm, exceeding in size all existing in the country at the moment. The facility will be located in the abandoned smelter Alcoa East Facility near the border. It is worth noting that the company has not functioned for four years, so the authorities of the neighboring city gladly supported the initiative to use this site.

The implementation of the project will be undertaken by the well-known mining company Coinmint. Already aware of her plans to invest in the creation of a center for the production of bitcoins about $ 700 million. The company will use the necessary land for an area of ​​1300 acres on a leasehold basis. The corresponding agreement was signed at the end of last year.

The drop in the bitcoin rate in recent months did not affect Coinmint's desire to create a center for mining, whose capacity, by the way, is estimated at 435 megawatts. Technical director Prier Leary believes that the production of crypto currency will bring profit as long as there is a network of bitcoins.

It is worth noting that the site for the location of the mining complex was chosen largely due to the fact that the region has established quite favorable prices for electricity. The advantage was a cool climate, thanks to which companies do not have to spend money on cooling systems.

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