The largest mining farm in the world

One of the largest Bitcoin mining companies, Northern Bitcoin, has merged with another large American company called Whinstone with the goal of building the largest mining farm in the world.

 The largest mining farm in the world

The largest mining farm in the world

Construction of the farm will begin during the first quarter of 2020 and is expected to be completed by the fourth quarter of 2020.

According to a statement from the Northern Bitcoin company, the mining farm will be the largest data center in North America, with a gigawatt capacity in an area of ​​more than 100 acres in Texas.

The competition with China

China has led the cryptocurrency mining industry in recent years and owns many of the leading companies in the market, such as the Bitmain company. Despite the regulatory conflicts that exist in China with respect to cryptocurrency mining, analysts agree that low energy costs is the factor that determines the great growth of mining operations in the country.

The agreement signed between the German company Northern Bitcoin and the American company Whinstone aims to establish itself as the main competitor of Chinese companies. It is clear that the US-China trade war does not escape the crypto market that is already showing clear signs of great competition to dominate cryptocurrency mining operations.