The Two-Way Street of Bitcoin Mining & Regional Power Grids
By Andrey Kim, CEO and Co-Founder at GDAOver time, the relationship between Bitcoin mining and the energy sector has deepened. While Bitcoin mining was once only a negligible fraction of global energy, it’s now one of the world’s largest energy consumers. But something far more profound is happening than this simple growth in demand. Bitcoin […]
GDA partners with YPF Luz to Launch a Bitcoin Mining Data Center in Argentina Powered with Repurposed Flared Gas
The mining center uses stranded gas from exploration activities of YPF, Argentina’s largest energy company, and is an example of how Bitcoin mining can be a net positive for the environment BUENOS AIRES, ARGENTINA – May 7, 2024 – Genesis Digital Assets Limited (“GDA”), one of the largest Bitcoin mining companies in the world in […]
GDA Launches 36 MW Data Center Capacity in West Texas
Amidst momentum in global expansion, GDA’s strategic growth in the state adds capacity that leverages renewable energy and a flexible power grid.
GDA Expands its Bitcoin Mining Capacity in Nordics with New Facility
Houston, TX 8/21/2023 – Genesis Digital Assets Limited (“GDA”), one of the world’s largest bitcoin mining companies in terms of hash rate, has announced its continuous expansion of mining capacity in Sweden. The new facility is based in the Northern part of the country, where GDA expects to utilize sustainable energy sources, and has been […]
Leading Bitcoin Miner GDA Announces New Data Center Facilities in South Carolina
Houston, TX 08/01/2023 – GDA, one of the largest Bitcoin mining companies in the world, has announced the opening of three new data centers in the Western region of South Carolina. The announcement comes during a period of expansion of data centers based in the United States for the company, which now account for over […]
