Genesis Digital Plans a 100% Clean Energy Mining Center in Sweden

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Genesis Digital Plans a 100% Clean Energy Mining Center in Sweden
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Bitcoin miner Genesis Digital is launching a new mining center in Sweden that it says will be 100% powered by clean energy. By Aoyon_A

Genesis Digital Assets, a privately held industrial-scale bitcoin miner, plans to start a new self-hosted bitcoin mining data center in Sweden which is expected to have up to 100 megawatts of power capacity.the miner said in a statement on ThursdayThe energy mix at the facility in Sweden will be 54.5% hydro, 42.8% nuclear and 2.7% wind powered, a company spokesperson told CoinDesk.

“This latest expansion aligns with GDA's focus to identify ways to power our facilities with clean energy while also creating jobs for the local economy,” said Tim Liepold, Head of Power at Genesis Digital Assets.

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