Bitfarms, a Nasdaq-listed bitcoin mining company, announced it started building what will be a mega bitcoin mining farm in Argentina last week. The company says this facility will be able to power thousands of miners with power secured through a contract with a private power company. The farm will provide more than 210 megawatts of infrastructure capacity for the company, which reported having a mining power of 1.4 exahash per second in September.
About the construction, Emiliano Grodzki, CEO of Bitfarms, stated:
Our new high-production facility in Argentina, which is expected to accommodate over 55,000 miners upon completion, will greatly expand our capacity and global footprint.
Grodzki noted this facility will help the company achieve its goal of eight exahash per second by the end of next year.
Source
https://bitcoin-tidings.com/bitfarms-starts-construction-of-mega-bitcoin-mining-farm-in-argentina