Crypto Caverns announce latest expansion plans with a new US-based data center facility on the horizon.
New York, New York, Oct. 30, 2023 (GLOBE NEWSWIRE) — Industry-leading crypto mining hosting company Crypto Caverns has announced plans to build a US-based data center facility, representing the company’s thrust towards sustainable computing and cryptocurrency mining.
The proposed data center is planned for a 25-megawatt capacity and will be run by Distributed Global Computing, the parent company of Crypto Caverns, which will be allotted 10 megawatts of the total capacity. The data center will have on-site power generation, resulting in better energy efficiency and maximized uptime due to the independence from the unpredictable power grid. The on-site power plant will be powered by clean natural gas, which is a key component in a renewable energy grid. This will be Crypto Caverns’ first gas-powered generation facility, with all previous ones being hydroelectric. By consuming na
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