Canadian tech firm DMG Blockchain Options has put in 1,000 new Bitcoin (BTC) mining machines at its Christina Lake mining-as-a-service facility in
Canadian tech firm DMG Blockchain Options has put in 1,000 new Bitcoin (BTC) mining machines at its Christina Lake mining-as-a-service facility in British Columbia.
Per a Jan. 6 press release, DMG has bought the brand new miners from Chinese language mining big Bitmain, with the entire energy consumption of roughly 1.5 megawatts.
Initially introduced in December of final 12 months, the newly put in mining tools will serve a U.S.-based consumer, whose identify was not revealed within the launch. DMG operates as an industrial scale crypto mine internet hosting firm, permitting shoppers to mine crypto by means of tools stationed at its amenities in Northwest Canada.
DMG’s crypto mining developments
DMG’s COO Sheldon Bennett mentioned that “DMG decided to deal with attracting massive scale internet hosting shoppers as worthwhile crypto-mining is a operate of making value efficiencies, and our mining facility is nicely suited to industrial miners.”
Final October, DMG and Bitmain entered an exploratory settlement, beneath which DMG has been managing Bitmain’s Texas-based facility and arrange almost 15,000 next-generation miners.
In November 2018, DMG energized its new crypto mining facility, stating that the ability would begin at 60 megawatts, and might develop its capability as much as 85 megawatts. The 27,000 sq. foot crypto mining-as-a-service operation occupies an space of 34 acres and is ostensibly one of many greatest such operations in North America.
Because the facility makes use of hydroelectric energy — of which there’s a surplus in Canada — the operation reportedly doesn’t have an effect on the ability wants of native residents.
Crypto mining proliferates
On Jan. 8, digital foreign money mining agency Riot Blockchain began deploying round 3,000 new items of S17 Professional Antminers bought from Bitmain as a part of the total improve of its Oklahoma Metropolis mining facility.
Riot anticipates that, following the deployment of all 4,000 next-generation miners, its combination working hashrate on the Oklahoma Metropolis mining facility will attain roughly 248 petahash per second, representing a 240% improve in {hardware} energy effectivity in comparison with its mining hashrate.