The rapid popularization of cryptocurrencies also leads to an increase in mining activities. Therefore, many companies are trying to increase their investments in these areas. Now, it has emerged that three companies, including Tesla, the giant company of Elon Musk, the richest person in the world, will come together for Bitcoin mining.
According to the news, one of the founders of Twitter, Jack Dorsey’s financial services company Block (formerly Square), the Canadian-based blockchain company Blockstream, which creates Bitcoin infrastructure, and Elon Musk’s company Tesla, a Bitcoin mining facility. formed a partnership.
Tesla products will power the facility
In the statements made today, it was stated that a solar-powered Bitcoin mining facility will be established as a result of the partnership of these three giant companies. In the announcement made at the 2022 Bitcoin conference, it was stated that Tesla’s solar panels and energy storage products will be used and construction has begun.
Blockstream CEO Adam Back also said in a press release, “We are excited to begin construction of this facility using Tesla products (Solar and Megapack). This is an important step in proving that Bitcoin mining can finance zero-emission infrastructures and lead to future economic growth,” he said, noting the use of renewable energy.
According to the statements, the facility built in the US state of Texas will be opened this year. It was also among the news that the energy consumption, mining activities and the course of the project in the facility, which was stated to be worth 12 million dollars, will be broadcast to the public 24/7 to satisfy people’s curiosity and discussion.
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