Plouton Mining, California based mining company announced it will build America’s largest bitcoin mining farm in California. It will provide people with an opportunity to participate in the growing bitcoin economy in a sustainable and affordable way.
It is the most ideal location for a solar-powered facility for mining. The region is basked in sunlight 70% of the year. Plouton Mining will contract with local utility providers to allow for ultra-cheap operating costs when the sun goes down. Therefore, the firm will enjoy the lowest energy costs possible. Ramak J. Sedigh, the operation’s CEO believes this combination of nature and technology will guide them into a new era of bitcoin mining revolution. This will justify Bitcoin as a sustainable, decentralized network of transactions.
The recent surge in Bitcoin trading value has created a storm in the crypto space. This, in turn, has helped in the bitcoin mining profitability and decentralization.