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US Defense Department Data Center to Be Transformed Into Mining Farm

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Tue, 11/09/2018 - 19:48
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US Defense Department Data Center to Be Transformed Into Mining Farm
Cover image via U.Today
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According to a recently published press release, a Nevada-based investment company Wuhan General Group is going to transform the old building of a US Defense Department data center into a cryptocurrency mining farm. It is supposed to be a great example of secure and stable mining.

The company will take advantage of a 3MW facility by initially running 1,300 miners (this number will increase to 12,000 once the data center is upgraded). They will reportedly mine all major cryptocurrency. The average monthly revenue is currently estimated at $3.5 mln, but this figure is inextricably connected to the market prices.

 

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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