Genesis Digital Assets Limited (GDA), a leading force in the global Bitcoin mining sector, has partnered with YPF Luz, a subsidiary of Argentina’s state-owned energy company YPF. Together, both partners have established a new Bitcoin mining facility that capitalizes on an innovative energy resource: stranded gas from oil fields. This facility, situated in Rincón de Los Sauces in the province of Neuquén, is designed to transform what would otherwise be waste into a powerful energy source for high-intensity computing processes associated with Bitcoin mining. The facility operates with a total power capacity of 7 megawatts (MW), supported by an additional 1 MW of backup power, housing 1,200 Bitcoin mining machines. It is powered by the Bajo del Toro Thermal Power Plant, collaboratively managed by YPF, Norwegian energy giant Equinor, and YPF Luz.
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USDT
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SOL
$74.90
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DAI
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BCH
$216.74
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USD1
$0.999762
▲ +0.00%
USDE
$0.999578
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GRAM
$1.36
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ZEC
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