Bitfarms finally turned on the Bitcoin (BTC) mining equipment for the primary time at midday this Friday, September 16 and, on this approach, its introduced mega-farm is now formally working in Córdoba
The corporate specified that the agency will contribute, in principle, 10 MW of power, to the service of the network.
The facilities, positioned within the heart of the country -specifically within the city of Rio Cuarto, will multiply their mining energy over time.
By 2023, the Canadian firm -whose founders are Argentinean- intends to achieve 50 MW, so as to contribute about 2.5 exahashes to the computing power of the Bitcoin network.
Bitfarms: started operating in a timely manner
The was originally anticipated to start operations in mid-September.
However, the works will proceed and its complete completion is expected by mid-2023. The Bitcoin mining mega farm is already working
On this farm, the “latest and largest” of Bitfarms on this planet, ASIC Antminer S19 Pro Hydro Bitcoin mining tools will likely be put in.
The company’s objective is to achieve 210 MW of energy by the time the works are completed.
At the moment, they’ve completed the first 50 MW warehouse and another one is underneath construction.
Bitfarms: their ambitious plan
The capability of the Bitfarms Bitcoin mining farm in Rio Cuarto will be 50 million watts in the first section of construction.
The corporate meant that it will be its latest and largest farm.
However, there will be a second warehouse to be added later. In the meanwhile, this is able to be half of the announced power, which was 210 MW. The Bitfarms Bitcoin mining mega-farm in Cordoba is already working usually
In keeping with the hashrate index website, an Antminer S19 Professional Hydro ASIC, the very best hashrate Bitcoin mining rig, wants roughly 5,000 watts to run.
In different phrases, the Bitfarms farm might mine 10,000 of those computers concurrently, which is able to present a hashrate of 2.5 exahashes in total.
Regarding what the company introduced, the ASICs that will be installed in Rio Cuarto is the Whatsminer M30S mannequin, whose consumption is 3,400 watts. On this approach, 14,700 of those groups will likely be carried out, with a complete hashrate of 1.47 exahashes.
Geoff Murphy detailed that Bitfarm has a goal of reaching 4.2 exahashes per second of mining energy. As well as, Murphy predicted that the Río Cuarto plant “will be key” to attaining this goal.
Last August, Bitfarm mined 534 bitcoins (BTC) , which is equal to $10.5 million, according to the CriptoNoticias price index.
