Canadian tech visitor DMG Blockchain Solutions has installed one,000 new Bitcoin (BTC) mining machines at its Christina Lake mining-every bit-a-service facility in British Columbia.

Per a Jan. vi press release, DMG has purchased the new miners from Chinese mining behemothic Bitmain, with the total ability consumption of approximately one.5 megawatts.

Initially appear in December of last year, the newly installed mining equipment will serve a U.S.-based client, whose name was not revealed in the release. DMG operates every bit an industrial calibration crypto mine hosting company, allowing clients to mine crypto through equipment stationed at its facilities in Northwest Canada.

DMG's crypto mining developments

DMG'south COO Sheldon Bennett said that "DMG made a determination to focus on alluring big calibration hosting clients as profitable crypto-mining is a function of creating cost efficiencies, and our mining facility is well suited for industrial miners."

Last Oct, DMG and Bitmain entered an exploratory agreement, under which DMG has been managing Bitmain'due south Texas-based facility and prepare upwardly nearly xv,000 next-generation miners.

In Nov 2022, DMG energized its new crypto mining facility, stating that the facility would start at sixty megawatts, and can expand its chapters up to 85 megawatts. The 27,000 square human foot crypto mining-as-a-service operation occupies an area of 34 acres and is ostensibly one of the biggest such operations in North America.

Since the facility uses hydroelectric ability — of which there is a surplus in Canada — the performance reportedly does non bear on the power needs of local residents.

Crypto mining proliferates

On Jan. 8, digital currency mining house Riot Blockchain began deploying around three,000 new units of S17 Pro Antminers purchased from Bitmain as function of the total upgrade of its Oklahoma City mining facility.

Anarchism anticipates that, following the deployment of all 4,000 next-generation miners, its aggregate operating hashrate at the Oklahoma Urban center mining facility will achieve approximately 248 petahash per 2d, representing a 240% increment in hardware power efficiency compared to its mining hashrate.