Tesla Builds Bitcoin Mining Facility With Block and Blockstream

Tesla, founded by Elon Musk, Block, CEO of Jack Dorsey, and blockchain firm Blockstream are jointly establishing a mining facility.

Three companies partnering for a Bitcoin mining facility are in Texas solar powered mining will establish the facility and the facility will be produced by Tesla. solar and battery infrastructure is said to be strengthened by

Blockstream CEO Adam Back said in a statement on the subject:

We are excited to lay the foundations for the facility where we will use Tesla products (Solar and Megapack). This partnership is one of the most important steps in showing that Bitcoin mining can be done with zero emissions.

He said and drew attention to the use of renewable energy.

Planned to be completed by the end of 2022 12 million dollars About the project economy of the Bitcoin mining facility Blockstream will present the reports. of Blockstream, hash rate and how many generating bitcoin in the report to be specified, real-time will include details it is said. In addition, information about solar energy use and storage performance will be given in the future.

Elon Musk, bitcoin mining last year Thinking it pollutes the air too much It has announced that it will not sell its products with bitcoin. Elon Musk has since bitcoin mining for using renewable energy sources He is said to be thinking.

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