Mining infrastructure in the United States continues to grow at an accelerated rate.
The last company to set up a location is Compute North, with a 100 MW capacity farm in Nebraska.
“The location is designed to accommodate large capacity users with over 1 MW power consumption, providing affordable, reliable and secure collocations for customers around the globe,”
is shown in the press release.
“The combination of power and connectivity with the low energy costs of the location makes it able to effectively manage activities such as blockchain, machine learning, cryptocurrency mining and more.”
The new Compute North collocation center is located in Kearney, Nebraska, and will be the third unit owned and operated by the firm. The other farms are located in Texas and South Dakota. The farm offers very low electricity prices of just $ 0.1004 per kilowatt-hour.
Compute North is already hosting crypto mining companies using equipment produced by Bitmain, Whatsminer, Canaan and others.
Miners in the US, more and more
The crypto mining sector has long been dominated by China, due to its access to cheap electricity and affordable hardware. But the United States is gaining ground lately.
For example, in October 2019, Bitmain opened a 50 MW mining farm in Texas. Also in this state, Layer1 obtained $ 50 million in financing for the construction of mining equipment and a specialized farm.
In November, Whinstone US Inc. and Northern Bitcoin AG announced their intention to set up a 1 gigawatt bitcoin mining farm in Louisiana. This could become “The largest bitcoin mining unit in the world”.