Genesis Digital Assets Announces Expansion of Bitcoin Mining in South Carolina
Major Bitcoin mining company Genesis Digital Assets (GDA) has announced the opening of three new data centers in South Carolina, USA, which has "abundant and clean energy sources."
The facilities are located in the Western region of the southeastern state, said the press release.
All three sites began operations this year with a combined capacity of 33 megawatts (MW).
The first data center, situated near the town of Anderson, has been operational since February and has a total capacity of 18 MW.
The other two facilities, running since March, are located between the towns of Union and Lockhart, with a total capacity of 15 MW.
Additionally, in October last year, GDA announced officially breaking ground on a new, 40 MW data center in Texas.
This latest announcement, the company said, came during "a period of expansion" of its US-based data centers, which now account for more than 2% of the total hash rate of the Bitcoin network.
As to why they chose this state for the expansion, the mining company stated that,
"The fact that South Carolina also has abundant and clean energy sources also influenced the decision to open these new data centers in that part of the country."
The Anderson data center is using environment-friendly, dry-type distribution transformers, GDA said, arguing that it will be "a critical resource" for strengthening the local energy grid by returning excess power when it's needed.
Another data center is located near two hydroelectric generation plants by Lockhart Power, described as "one of the region's biggest renewable and clean energy suppliers."
Andrey Kim, the CEO of GDA, said that the new openings are "perfectly in line with our commitment to expand our fleet on clean energy resources" and to "show the world
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