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Mining giant Bitmain finds plans to deploy $ 80 million worth of mining equipment

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The largest producer of mining equipment, Bitmain , has found it plans to deploy approximately $ 80 million worth of mining equipment in China with the goal of running this summer.

According to the source obtained by Coindesk, the total number of mining equipment to be installed is 200,000 , and the hydropower plants in China are supposed to use the inexpensive power provided by them.

The actual operation of the equipment is planned for this summer, but it is said that Bitmain is already talking to each mining farm that manages equipment.

Although there has been negative news such as the closure of mining facilities and reduction of workforce since last year, Bitmain has a large number of sales from equipment sales, but for the company whose sales are the majority of sales, it is doubtful whether the company’s mining business expansion like this will lead to corporate restructuring. is.

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Article Source: Coindesk

Author: Yuya 【Coin Desk News】 – Source Post: https://crypto-times.jp/bitmain-200000-unit-deployment/

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