Tesla has teamed up with Jack Dorsey’s Block and infrastructure company Blockstream to build a Bitcoin mining data center.
A pilot project worth $12 million will be launched in Texas. The facility will install a photovoltaic solar battery and a drive manufactured by Tesla. The hashrate of mining will be 30 PH/s.
Blockstream co-founder Adam Back said the new venture is designed as a proof of concept 100% renewable energy for mining the first cryptocurrency.