5BTC or 111% + 111 Free Spins!
New players only. Exclusive 111% Welcome Bonus + 111 Free Spins
Private industrial-scale bitcoin mining firm Genesis Digital is building a new self-hosted bitcoin mining data center in Sweden, with a power capacity of up 100 megawatts.
According to the announcement the facility will make use of mix of 100% clean energy, hydro (54.5%), nuclear (42.8%) and wind (2.7%) when it comes online by 2024. which is expected to have up to 100 megawatts of power capacity.
Tim Liepold, Head of Power at Genesis Digital Assets, said:
“This latest expansion aligns with GDA’s focus to identify ways to power our facilities with clean energy while also creating jobs for the local economy. We’re pleased to see this project begin and look forward to expanding this hydro-powered data center in the future.”
Liepold added:
“We’re on a mission to provide the infrastructure that will power the open-source monetary system revolution and this data center marks another key milestone as we work to execute on our big picture vision.”
Genesis has also started building a new 300 megawatt self-hosted bitcoin mining data center in Texas.