US Defense Department Data Center to Be Transformed Into Mining Farm

Alex Dovbnya
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
US Defense Department Data Center to Be Transformed Into Mining Farm
Cover image via U.Today

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.

 

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.