9 months ago

On July 26, DMG Blockchain Solutions announced that it has started installing a 85-megawatt substation for crypto mining expansion. The local government and electricity providers will help the company on an industrial scale.

DMG Blockchain Solutions is a company that allows Bitcoin mining as well as blockchain platform operation. The flagship mining installation is scheduled to start operating in September 2018 with 60 megawatts for energizing mining equipment. It was announced that the 85-megawatt substation will be tied to the utility power grid.

Canada is one of the leaders in crypto mining because of its low prices for energy. According to power utility Hydro Quebec, the province offers some of the lowest electricity tariffs in North America.