DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Mining CryptoCurrencyNews

New Solar-Powered Bitcoin Miner Launches Operations Despite Difficult Market

A new bitcoin miner has begun operating at a 6 MW solar-powered facility in western Colorado, despite the present bearish market for cryptocurrencies. The mining operation of Aspen Creek Digital Corporation (ACDC), which...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

New Solar-Powered Bitcoin Miner Launches Operations Despite Difficult Market

A new bitcoin miner has begun operating at a 6 MW solar-powered facility in western Colorado, despite the present bearish market for cryptocurrencies. The mining operation of Aspen Creek Digital Corporation (ACDC), which was established in January of this year, is housed within a 10-megawatt solar farm. According to a statement provided to CoinDesk, the company intends to start with bitcoin mining at its data center and eventually provide computing services to other companies.

The S19 bitcoin mining rigs will be operated by the Colorado data center, which will also house a 75,000 square foot R&D ...

Read The Full Article On CryptoCurrencyNews.com

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Why this matters

This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Related market context