Bitfarms disclosed information on the construction of a mining center in Argentina – Bits Media

Following an official request from Argentine lawmakers, Bitfarms provided detailed information on a mining center under construction in Cordoba. 210 MW.

The new Bitcoin mining center will operate in the Cordov province, In the city Rio-Quarto. The farm will be located inside the power plant complex, belonging to the group of companies Albanesi. At the same time, the facility will place equipment for mining bitcoin with power 210 Mb. Electricity, necessary for the work of miners, will act directly from the station, Without affecting the national energy system of Argentina.

“We will create about 500 jobs during construction and more 100 During the operation of the Date Center. This is a contract of sale of energy between private parties, which does not provide for any subsidies, Considering, that demand is not related to the National Energy Network of Argentina ", - said the chief manager of Bitfarms in Latin America Damian Polla (Damian Polla).

Bitfarms official statement will help dispel fears, which the project caused the legislators of Argentina. Last month, deputy Martin Berchongarai (Martín Berhongaray) introduced the resolution, According to which the Argentina government must require Bitfarms disclosure on this project. Legislators were worried about the possible consequences of launching such a large -scale project for the National Energy System of Argentina and the environment.

Recall, that in April this year, Bitfarms signed an agreement with the electricity supplier in Argentina to consumption before 210 MW of electricity for its new mining center.

Now the company is building up bitcoin production capacities. Her strategic plans for the next five years include the creation of new mining enterprises around the world and the purchase of equipment. In March, the company acquired 48 000 units of equipment for mining bitcoin, The deliveries of which will begin in 2022 year. but, Due to the crisis in the semiconductor market, The company can receive an order.