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The post Genesis Opens a New Bitcoin Mining Facility in Sweden! appeared first on Coinpedia Fintech News
Genesis Digital Assets (GDA) has opened a new Bitcoin mining facility in Sweden, near the 417 MW Porjus Hydroelectric Power Station. The facility has a current capacity of 8 MW, and GDA plans to expand it shortly. The company will utilize renewable energy sources to power its Bitcoin mining operations and work with a local company to run the facility. GDA has previously opened two other facilities in Sweden, including a greenhouse data center pilot introduced in 2020. The company aims to lead the Bitcoin mining industry by setting an example for other players and minimizing its environmental impact.
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