Solar-Powered Bitcoin Mining Facility Opened in Australia

The solar-powered Bitcoin (BTC) mining facility has launched in Southern Australia to be the first of its kind.
 Solar-Powered Bitcoin Mining Facility Opened in Australia
READING NOW Solar-Powered Bitcoin Mining Facility Opened in Australia

The solar-powered Bitcoin (BTC) mining facility has launched in Southern Australia to be the first of its kind.

Operated by Lumos Digital Mining, the facility provides about five megawatts of electricity from solar power in an effort to reduce Bitcoin’s carbon footprint, ABC News Australia reports.

Solar Powered Mining Facility in Australia

Recently, blockchain mining consumes a lot of energy and it has become a hotly debated topic around the world. Starting to work on the solution of the global warming problem all over the world has paved the way for blockchain mining to switch to zero carbon applications in this field. In this context, the fact that Lumos Digital Mining in Australia started using solar energy in its facility attracted a lot of attention.

Angelo Kondylas, an official from Lumos Digital Mining, stated that the center has the potential to issue at least 100 Bitcoins per year, but the amount depends on how much power can be used.

It was also said that if there was a need to increase production, the company could draw power from the mains at some point. Located in the industrial city of Whyalla, the company also plans to guide other organizations that want to harness solar energy to get involved in Bitcoin mining.

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