Bitmain Mining Division and Enegix sign cooperation agreement
Bitmain is now signing a cooperation agreement with Enegix. Together, they will be able to create the most powerful BTC production station with a total capacity of 180 MW.
The world leader in the production of cryptocurrency mining equipment – Bitmain, made a statement on the conclusion of a partnership agreement with the Enegix Corporation, according to which they organize the placement of Antminer S19 Pro at one of the production sites. The total capacity of this project will be 180 MW.
Today, Enegix Corporation is the largest data center provider. The company’s employees are engaged in the development, calculations, launch, commissioning and maintenance of data centers. That is, the company from scratch deploys and launches sites for cryptocurrency mining.
The project, which the company founded and launched at the end of December last year, allowed to give a working area for 50,000 plants. This data center is one of Enegix’s most complex cryptocurrency mining projects.
The Vice President of Bitmain Mining Division is confident that Enegix is the world leader in creating and commissioning entire cluster sites for BTC production. Energix has been very popular and has been operating in this market for a very long time, in this regard, Bitmain decided to conclude a strategic partnership agreement.
In response to Bitmain’s offer, Enegix acted as guarantor in providing all the necessary capacity and technical support. This step is very important for the further development of the company, which in turn increases the confidence of customers in the company. Such an agreement will benefit each company.
Due to the fact that miners need more and more capacity, Enegix Corporation plans to increase its infrastructure several times over the next year. One of the future strategically important projects is the Republic of Kazakhstan, with which Enegix has already concluded a number of transactions and is negotiating to increase the supply of electric energy, as well as to open new areas.
In June of this year, President of Kazakhstan Kassym-Zhomart Tokaev issued a law that introduces an additional fee for cryptocurrency mining equipment. A huge part of the BTC and ETH production equipment has moved its capacity from China to this country, but they do not want the existing infrastructure to install all the equipment.
Although many experts believe that the Republic of Kazakhstan will be the end point, CNBC experts confirm that this is only a temporary measure and only the West will become the final place. The head of Luxor Mining, Alex Brummer, commented that in the near future large companies with old equipment will move to the Republic of Kazakhstan, and companies with new equipment will look for more energy-efficient locations to transfer their equipment.
Jihan Wu and Micree Zhan began creating their project in 2013. Their company was able to earn billions of dollars, and therefore its founders do not go to the press and do not give interviews, which served many implausible rumors and theories. Today, it is still unknown where the Bitmain Mining Division head office is located, whether it is Beijing, or Hong Kong, or the Cayman Islands. The exact legal location remains a mystery and this is understandable. Not so long ago, the company’s management changed, and the company itself increases power, develops and manufactures equipment for different algorithms.
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