Crypto mining hardware manufacturer Bitmain partnered with Enegix to host Antminer S19 Pro equipment in one of the world’s largest data centers. The facility is located in Kazakhstan and is designed to house more than 50,000 mining equipment.
Bitmain cooperates with mining facility operator Enegix
Leading mining equipment manufacturer Bitmain announced a partnership with Enegix. As part of the agreement, the ASIC giant will host the Antminer S19 Pro miner at Enegix’s 180MW facility in Kazakhstan, one of the largest in the world.
Since 2017, Enegix has focused its business on designing, building, and operating data centers, and a press release issued by Bitmain details this. The facility in question was put into use at the end of 2020 and is the company’s third facility of its kind. Its total capacity exceeds 50,000 current mining equipment.
When talking about the new project, Du Shisheng, vice president of Bitmain’s mining department, said that his company is very happy to have a solid strategic partner in the region, and said:
Enegix is a clear leader in the design and operation of large mining facilities. Their success over the years has put them on the map of all major Bitcoin miners.
“Enegix is pleased to be able to provide Bitmain with the remaining capacity of its 180MW facility. Enegix CEO Yerbolsyn Sarsenov added that this move by the leading ASIC mining machine manufacturer is very important to our company because it demonstrates trust in our operations He expressed the hope that the cooperation between the two parties will benefit both parties and continue in the future.
Enegix will build more mining centers in Kazakhstan
Enegix plans to further expand its business in Kazakhstan in response to the surge in demand from cryptocurrency miners. The company hopes to develop more mining infrastructure and is designing projects for new mining facilities in the Central Asian Republic. Enegix is still negotiating an agreement to purchase electricity to power the encrypted farm.
In the ongoing crackdown, Chinese companies involved in cryptocurrency mining have been migrating to more friendly jurisdictions in the region, especially Kazakhstan. In May of this year, Shenzhen-based Bit Mining announced that it plans to cooperate with two local companies to build a 100 MW mining data center there.
According to a study by the University of Cambridge, in less than two years, the country’s share of global bitcoin mining has increased sixfold. It is now ranked third in the world by cryptocurrency mining volume. However, the government of Nur Sultan decided to impose a surcharge on the electricity used by mining entities. The local crypto industry expressed concern that this move might turn away potential investors.
Do you think Kazakhstan will still be an attractive destination for cryptocurrency miners? Share your thoughts in the comments section below.
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