Mining farm in Germany - Essen location from Q2/2024
We are currently building a mining site in Essen in Germany. In the heart of the Ruhr metropolis, rooms are being created within a complex with an area of 27,000 m², which create ideal conditions in terms of both climatic and energy levels in order to accommodate crypto miners with the highest level of security.
While the exterior and renovation work has already begun, completion of the work is scheduled for the first quarter of 2024. The first miners can start mining at the beginning of the second quarter. We will discuss electricity costs in the next few weeks. Prices can be expected to be well below 20 cents/kWh, aimed at all those customers who shy away from hosting their assets abroad.