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Home Technology Crytpocurrency

Minerset․com Announces New 200-Megawatt Crypto-Mining Facility – Press Release Bitcoin News – Bitcoin News

by NewsReporter
April 5, 2022
in Crytpocurrency
minerset․com-announces-new-200-megawatt-crypto-mining-facility-–-press-release-bitcoin-news-–-bitcoin-news
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press release

PRESS RELEASE. Known as a leader in cryptocurrency-mining hardware sales and logistics, Minerset has generated more than $300 million in distributing 120,000-plus crypto-mining devices to more than 200 investors worldwide. As a strong supporter and heavy investor in a cryptocurrency-mining ecosystem, Minerset is excited to announce that it has started constructing a mining facility in South Carolina that will allow investors to start mining Bitcoin (BTC) effectively.

Minerset Farms has secured the services of Bit5ive to project-manage, procure and install all of the infrastructures, aiming to be ready to go live on June 1, 2022. The new site will initially host eight-by-one megawatt Bit5ive mining pods with a capacity to host 2,240 miners at an approximate total hash rate of 224 petahash.

As a group, Minerset is a firm believer in green mining and understands how important the use of renewable energy is to ensure a sustainable crypto ecosystem. Minerset carefully selected the South Carolina region for the new mining facility due to the abundance of sustainable nuclear power.

“This is just the beginning for Minerset, as this site has huge potential to grow to 200 megawatts and beyond in a relatively short space of time. Up until now, Minerset Holdings has just been an equity investor in mining-farm real estate. This new site allows Minerset to boost its influence in the cryptocurrency space. Coupled with its strong performance over the last five years as a hardware distributor and increased buying power, we are excited about the future of Minerset. Through Minerset Solutions LLC and Minerset Farm LLC, Minerset will become the number-one crypto-mining solution provider whilst increasing its ability to add value through self-mining with our investment in this site,” said Elias Fernandez, co-founder and CEO of Minerset.

For more details on the available hosting packages and the extensive services, Minerset offers, please visit Minerset.com/hosting/Minerset-South-Carolina-facility.

Bit5ive is a leader in cryptocurrency data centres, with several projects currently developing in the United States. Bit5ive’s success lies in its commitment to its clients, hailing from various industries and professions. Its corporate headquarters are based in Miami, Florida, serving as a management hub for its data centres, sales and customer service.

Minerset.com, launched in early 2017, has established itself as a one-stop-shop solution for all digital mining needs accessible only within our comprehensive ecosystem:

– supplying the latest digital mining hardware and infrastructure

– providing streamlined, safe and secure logistics

– enabling access to a global network of renewable mining farm projects where you can find complete hosting solutions to grow your investment


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Bitstop to Unveil an NFT ATM That Dispenses NFTs at Bitcoin 2022 Event in Miami

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