Crypto News 

Canada’s DMG Blockchain Puts 85 Megawatt Crypto Mining Facility Into Operation

“Canadian blockchain and cryptocurrency company DMG Blockchain Solutions Inc. has energized its new crypto mining facility, according to an announcement published Nov. 8” writes Ana Alexandre for cointelegraph.com. DMG Blockchain Solutions initially revealed its plans to launch the station in July, stating that  their crypto mining operation will be implemented on an industrial scale with direct support from the local government and electricity providers.Since the facility uses hydroelectric power — of which there is a surplus in Canada — the operation will reportedly not affect power needs of local residents. This made the state a destination for crypto miners, who use powerful specialized computers for the energy-intensive activity.
 
Source: cointelegraph.com



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