Sunday, December 7, 2014

BITCOIN ASIC HOSTING EXPANDS TO 1MW OF HYDROELECTRIC CAPACITY IN WASHINGTON STATE WITH 2.5 MEGAWATT EXPANSION UNDERWAY

By  Scott Fargo

Datacenter Cold Aisle InternalBitcoin mining has become a game of trying to get the most powerful miners in the largest quantities running on the least expensive power as possible. There are some other considerations as well, but these are the most significant. This change has made it difficult for most people to mine at home. That leaves the options of cloud mining or buying your miners and having them hosted. Bitcoin ASIC Hosting has previously been mentioned when CCN had covered the news of a deal with Dell to offer hosting in Dell data centers. 

In a followup with Allen Oh of Bitcoin ASIC Hosting, we were able to find out how things have progressed with their business. Now that they have announced their expansion to 1 MW with another 2.5 MW expansion underway, growth has been great for them and Bitcoin. Allen, as always, was able to give some insight and plenty of information on their business.

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