USA: a large-scale Bitcoin power plant

Greenidge Generation, a New York-based power plant, installed 7000 machines dedicated to mining of Bitcoin in its premises.

In recent months, Atlas Holding, the venture capital company that manages the operation and owns the central, has set up some 7000 Bitcoin ASICs on its site in Dresden in the United States, reports Bloomberg.

According to the company, the machines can extract approximately every day 5.5 bitcoins, or almost $ 50,000 at the current price.

They work with a so-called “behind the counter” power supply, which makes it extremely economical, ”said the firm.

Built in 1973 as a coal-fired power station, Greenidge Generation has now been converted to natural gas.

With the imminent arrival of halving of Bitcoin, Atlas says he is ready and " in a favorable position, regardless of how the halving of rewards materializes. ”

Unlike manycrypto-mining companies, the venture capital company is not dependent on energy suppliers since it uses only its own electricity.

Others minors meanwhile roam the world in search ofcheap electricity but must face many unforeseen events, such as when the power stations decide to overcharge them.