Genesis Digital Assets Announces New Industrial-Scale Bitcoin Mining Farm in South Carolina

Source

Genesis Digital Assets, one of the largest industrial-scale Bitcoin mining companies in the world, today announced a new self-hosted bitcoin mining data center in South Carolina.

Commenting on the new data center, Andrey Kim COO and co-founder at Genesis Digital Assets, said, “We are aggressively expanding our operations in the United States and are excited to be able to officially announce this new data center in South Carolina.”

The announcement follows an active past 18 months for Genesis Digital Assets. Earlier this month, the company announced a new facility in Sweden, powered by 100% clean energy. In 2020, the company raised more than $550 million from investors including Paradigm, NYDIG, Stoneridge, Alameda Research, Ribbit, Electric Capital, Skybridge, and Kingsway Capital along with announcing one of the largest procurement deals in the history of the industry.

Relevant Insights