09/08/19 20:00 UTC-4

Blockstream launches two large mining centers

MiningBlockstream creates new mining centers
Blockstream creates new mining centers

Blockstream, a leading provider of blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
solutions, announced the opening of two large centers for cryptocurrency miningMining
– is a type of activity for creating new blocks in the Blockchain to ensure proper system operation. Details
. The first center will be located in Canada, the second in the USA. Their total capacity will be 300 megawatts.


New mining centers 

According to Samson Moe, Blockstream’s security director, the centers will be able to produce 6 exoheshes for mining Bitcoins if they are used at full capacity with the latest ASIC equipment.

In addition to its own cryptocurrency mining, Blockstream will also provide its capacities to corporate clients, and in the future the company intends to begin servicing small miners.

Blockstream's first customers were the Fidelity Application Technology Center and LinkedIn co-founder Reid Hoffman.

In addition to cryptocurrency mining centers, Blockstream announced the launch of a pool to attract individual miners using the BetterHash protocol.

Blockstream noted that all these steps are aimed at strengthening the decentralization of mining and categorically deny that the launch of such mining centers may lead to the opposite.

Blockstream blockchain company announced the launch of two cryptocurrency mining centers. Recall, on August 7, information appeared about a resident of Malta, who sued the supplier of mining equipment because of the high noise level.

Editor: Yuliya Soroka

See also: "The Maltese seized €2,000 due to a noisy mining-farm"

#blockchain #mining #Bitcoin cryptocurrency #Blockstream



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