While China continues to dominate the bitcoin mining market, Bitcoin mining hardware design America has now gained another significant player who can help decentralize mining power. Ready to start building Dapps?
Dive deep into blockchain development. Is Bitcoin a Good Investment? North America’s largest bitcoin mining center, located primarily in Alberta, Canada. Bitfury CEO, Valery Vavilov, in a statement. We believe there is a tremendous opportunity to establish North America as one of the most important cryptocurrency mining hubs in the world. Bitfury is the world’s largest bitcoin mining company outside of China.
Their custom hardware and software solutions eliminate the reliance on any third parties, which lowers costs and improves efficiency. Hut 8 is a bitcoin mining company that will provide shareholders access to the price appreciation of bitcoin. Once the partnership is finalized, Hut 8 will control what they believe to be the largest cryptocurrency mining farm in North America: Hut 8 will gain immediate control over 22 bitcoin mining datacenters spread across Alberta. The expectation is for Hut 8 to be listed on the Canadian stock exchange during Q1 of 2018 and increasing control over an additional 35 datacenters. Hut 8 anticipates that through a combination of existing Bitfury sites and new installations, they will scale to 60 or more datacenters during 2018.