Square to Invest in Solar-Powered Bitcoin Mining Facility
(Bloomberg) -- Square Inc. will invest $5 million to build a solar-powered Bitcoin mining facility at a Blockstream Mining site in the U.S. through a partnership with the blockchain technology provider.
The facility will be a “proof-of-concept for a 100% renewable energy Bitcoin mine at scale,” Blockstream said in a press release on its website. Information on operational costs and return-on-investment will be open to the public.
To view the source of this information click here
©2021 Bloomberg L.P.