Genesis Digital Assets commences work on new 40MW mining data center
Oct 21, 2022 |
Posted by
MadalineDunn
Genesis Digital Assets, has broken ground on a new data center in Glasscock county Texas. Comprising four buildings when complete, the new facility is expected to be finished and fully operational by December this year.
According to the company, the facility will utilize its proprietary technology to maximize both its efficiency and energy consumption while providing jobs to the local community and critical revenue to the county.
Commenting on the new facility, Andrey Kim, COO of Genesis Digital Assets, said: "Over the past 12 months, we've invested heavily into the U.S. and this latest project represents another major milestone for the GDA team." Mr. Kim added, "This new data center not only increases our total hashrate but also serves as a strategic power resource to the ERCOT grid to support the peak power demand in extreme summer and winter months. We're excited to see this project begin and look forward to announcing many more projects in the near future."
