Genesis to Acquire Additional 20K Bitcoin Mining Rigs from Canaan

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The Bitcoin Mining firm, Genesis Digital Assets’ recent partnership with Canaan Creative, China’s biggest mining rig manufacturer has caught miners’ attention. Genesis has announced the additional purchase of a hefty 20,000 units of Bitcoin ASIC miners from Canaan Creative. However, the model type and USD sum-up of the partnership has not been revealed yet.

Canaan Technology signed an order for 200,000 Avalon mining machines with Genesis Digital Assets, including 20,000 mining machines and an additional purchase option of up to 180,000 mining machines. https://t.co/7F4HThtXGM
— Wu Blockchain (@WuBlockchain) August 31, 2021

Furthermore, the firm expects to utilize the new purchase towards its expansion plan in the North American region, and the Nordics, enabling sustainable energy consumption in crypto mining.
“These new machines will dramatically increase our capacity as we work towards our goal to increase our capacity to 1.4 gigawatts by the end of 2023,” said Abdumalik

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Źródło: https://coingape.com/genesis-to-acquire-additional-20k-bitcoin-mining-rig-from-canaan/

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