[ Back ]

Blockstream Reveals Massive Bitcoin Mining Facilities, Fidelity An Early Customer

Aug 8, 2019😶Neutral

On Thursday, blockchain technology company Blockstream revealed details related to their massive Bitcoin mining data centers in Quebec, Canada and Adel, Georgia.

The size of Blockstream's mining facilities cannot be overstated. According to Blockstream CSO Samson Mow, the facilities would account for roughly 6 exahashes of Bitcoin mining power if used at full capacity with the latest ASIC mining hardware.

In addition to pushing for the geographic decentralization of Bitcoin mining, Blockstream's upcoming mining pool should be helpful due to its use of BetterHash.

Blockstream plans to open their facilities to smaller scale miners in the future. For now, two of their active customers include Fidelity Center for Applied Technology and LinkedIn founder Reid Hoffman.

[ Original article ][ Discuss on twitter ]