California-based mining company Plouton Mining will build North America’s largest solar-powered Bitcoin mining farm

California-based mining company Plouton Mining will build North America’s largest solar-powered bitcoin mining farm, the company confirmed in a press release on June 25.

Plouton, which is a subsidiary of Plouton Group Holding, says the site in Western Mojave will feature around 49 acres of solar panels generating 10-13 megawatts of electricity daily.

The location was chosen due to its high annual quota of sunlight, which averages 70%, with the company planning to enter agreements with local utilities providers to secure low-cost power for the remaining time.

“The preeminent combination of nature and technology will usher in the next stage of bitcoin mining evolution, fulfilling the promise of Bitcoin as a sustainable, decentralized network of transactions,” Ramak J. Sedigh, the operation’s CEO, commented in the press release.

“We are very pleased to offer people the opportunity to participate in the growing Bitcoin blockchain economy without having to purchase the mining equipment themselves.”

Also read: Liquality has launched its interface for cross-chain atomic swaps between Bitcoin, Ethereum and stablecoin dai on the mainnet

Source: https://cointelegraph.com/news/north-americas-largest-solar-bitcoin-mining-farm-coming-to-california