Cryptocurrency

Texas Welcomes Blockchain Data Center with 100% Net Carbon-Neutral Operations Aligning with Citizens’ “Long-Term Interests”

Digital asset mining infrastructure supplier Core Scientific Holding has signed an settlement with the City of Denton, Texas, and an affiliate of Tenaska Energy to develop a 300MW blockchain information middle in Denton.

Core Scientific Chief Executive Officer Mike Levitt mentioned that is their first blockchain information middle in Texas which provides them the chance to reveal their “capacity to scale quickly to fulfill the growing demand” for safe blockchain infrastructure for digital asset mining.

For this information middle, Core Scientific can be utilizing emissions-free energy supplemented by renewable power credit.

On completion of the info middle, this can improve the corporate’s whole energy capability to over 800MW whereas remaining 100% internet carbon-neutral.

“The firm’s dedication to 100% internet carbon-neutral operations aligns properly with the objectives of the Denton Renewable Resource Plan and the long-term pursuits of our residents,” mentioned Denton Mayor Gerard Hudspeth including that its financial advantages will even be realized by the neighborhood for a few years to come back.

Market Manipulation Allegations

Meanwhile, Bitcoin miner Northern Data AF dismissed allegations of market manipulation by Germany’s monetary watchdog.

“We are assured that we’ll make clear the matter in full cooperation with the authorities,” the corporate mentioned in a press release.

The firm mentioned it had rejected the allegations made by the monetary regulatory authority for Germany, BaFin, final week in a criticism filed with Frankfurt prosecutors over suspected market manipulation.

The topic of the criticism was Northern Data’s acquisition of bitcoin miner Whinstone US Inc., which was introduced in November 2019, mentioned the corporate.

Public Miners Holding 20k BTC

In different information, Samsung has mentioned that it’ll begin manufacturing of the primary era of 3nm chips within the first half of subsequent yr. The second era of 3nm chips is anticipated to be produced in 2023, and mass manufacturing of 2nm chips gained’t start till 2025.

Whatsminer is especially the mining firm that at present makes use of Samsung chips.

Interestingly, the most important public bitcoin mining corporations in North America total maintain greater than 20,000 BTC, price over $1.1 billion.

According to information from The Block, miners like Riot, Marathon, Bitfarms, Hut8, HIVE, Greenidge, and Argo collectively mined slightly below 6,500 BTC in Q3, accounting for about 7.5% of whole BTC block rewards within the interval.

Bitcoin/USD BTCUSD

55,008.8889$957.151.74%
  • Volume 32.37 b
  • Change $957.15
  • Open$55,008.8889
  • Circulating 18.84 m
  • Market Cap 1.04 t

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