Bitcoin Miner Genesis Digital Acquires Additional 708 MW Capacity - Bitcoin Magazine

Bitcoin Miner Genesis Digital Acquires Additional 708 MW Capacity – Bitcoin Magazine

  • Genesis Digital Assets secured an additional 708 MW of operating capacity.
  • The bitcoin mining company expects to create 130 full-time jobs with an additional 495 construction jobs.
  • Starting in 2013, the company has reportedly mined over $1 billion in bitcoin.

Genesis Digital Assets, one of the leading industrial bitcoin miners in the US, just acquired an additional 708 megawatts (MW) of operating capacity with the potential to scale, per a press release.

“We’re very pleased with the pace of our US expansion,” said Andrey Kim, COO of Genesis. “Our team has worked incredibly hard to scale our capacity and while the market remains volatile, we remain more committed than ever to executing on our mission to provide the infrastructure that powers the Bitcoin network.”

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