Applied Digital, a blockchain and artificial intelligence (AI) infrastructure provider, has opened its new 200-megawatt (MW) data center in Garden City, Texas.
The facility marks the company’s third blockchain hosting facility to go live in North America.
“Once fully energized, this location will bring Applied Digital to the full planned 480MW of total hosting capacity across its blockchain hosting facilities,” read the company’s announcement on Friday.
A megawatt (MW) is a unit of power equal to one million watts, while a gigawatt (GW) equals one billion watts. Riot Blockchain, another publicly traded Bitcoin miner, boasts a 1GW mining facility in the same state
For context, a standard home light bulb is powered by 60 watts. Meanwhile, Cambridge estimates that the entire Bitcoin network currently demands 14.83 GW, up from its 12.89 GW estimate in September.
Bitcoin miners use such power to produce hashes, which are needed to construct the network’s next block of transactions, for which miners are rewarded with newly minted BTC.
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Author: Andrew Throuvalas
Tip BTC Newswire with Cryptocurrency