Marathon Digital Announces Immersion Crypto Mining Operations in Abu Dhabi
The mining company expects both facilities to be online by 2024 and produce a combined hash rate of around 7 p.e./s.
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Crypto-mining firm Marathon Digital Holdings has announced that it has partnered with digital asset infrastructure firm Zero Two to create a large-scale Bitcoin mining facility in Abu Dhabi.< /p>
In a May 9 notice, Marathon Digital said the joint venture will be based in Mina Zayed and Masdar City in the United Arab Emirates, comprising two mine sites with a combined capacity of 250 megawatts. According to the company, Marathon and Zero Two plan to power the facilities with excess power from the Abu Dhabi grid, saying this will increase its base load and sustainability.
Mining cryptocurrencies in the desert climate of Abu Dhabi, where the average annual temperature is around 28 degrees Celsius (82 degrees Fahrenheit), was often "imfeasible", according to Marathon Digital. The company said it had helped develop a "bespoke immersion solution" to cool the mining rigs at the proposed facilities, suggesting a liquid cooling solution.
"For this project, our team successfully co-developed and implemented a complete immersion solution, as well as developed proprietary mining software from the ground up to provide flexibility, resilience, and optimization," said Fred Thiel, president and CEO of Marathon Digital. .
We are delighted to share the details of our new
The mining company expects both facilities to be online by 2024 and produce a combined hash rate of around 7 p.e./s.
News
Join us on social networks
Crypto-mining firm Marathon Digital Holdings has announced that it has partnered with digital asset infrastructure firm Zero Two to create a large-scale Bitcoin mining facility in Abu Dhabi.< /p>
In a May 9 notice, Marathon Digital said the joint venture will be based in Mina Zayed and Masdar City in the United Arab Emirates, comprising two mine sites with a combined capacity of 250 megawatts. According to the company, Marathon and Zero Two plan to power the facilities with excess power from the Abu Dhabi grid, saying this will increase its base load and sustainability.
Mining cryptocurrencies in the desert climate of Abu Dhabi, where the average annual temperature is around 28 degrees Celsius (82 degrees Fahrenheit), was often "imfeasible", according to Marathon Digital. The company said it had helped develop a "bespoke immersion solution" to cool the mining rigs at the proposed facilities, suggesting a liquid cooling solution.
"For this project, our team successfully co-developed and implemented a complete immersion solution, as well as developed proprietary mining software from the ground up to provide flexibility, resilience, and optimization," said Fred Thiel, president and CEO of Marathon Digital. .
We are delighted to share the details of our new
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