Mining-Farm in Germany - Essen at Q2/2024
Currently, we are constructing a mining site in Essen, Germany. In the heart of the Ruhr metropolitan area, facilities are being created within a complex spanning 27,000 square meters, which will provide ideal climatic and energetic conditions. This will enable us to accommodate crypto miners at the highest level of security.
While the external and renovation work has already begun, the completion of the project is scheduled for the first quarter of 2024. The first miners will be able to start mining at the beginning of the second quarter. Regarding the electricity costs, we will provide more information in the coming weeks. Prices significantly below 20 cents/kWh are expected, catering to all those customers who are wary of hosting their assets abroad.