Copy link
Increase text size
Decrease text size
Link copied

Canada-based Bitcoin miner Bitfarms to put up Argentina’s largest BTC mining facility

With its 210 megawatts power capacity, the Bitcoin mining facility will become the largest crypto mining farm in Argentina once it goes online.

Photo by Benjamin Nelan of Pixabay

Wed, 10 Nov 2021, 09:12 am UTC

Bitfarms has started the construction of what is dubbed as Argentina’s largest BTC mining facility. The Canada-based Bitcoin mining company has partnered with a local private power company to supply electricity for the crypto farm’s operations.

Bitfarms has invested $250 million for the Bitcoin mining farm, according to local publication The facility is located in the city of Rio Cuarto in the province of Cordoba.

Construction of the BTC mining farm has already started last month. The company expects the facility to start its operations by 2022.

With its 210 megawatts power capacity, the Bitcoin mining facility will become the largest crypto mining farm in Argentina once it goes online. It is expected to produce a mining capacity of 1.4 exahash per second.

The facility will not be linked to Argentina’s national power grid so its operations won’t a strain on the country’s energy infrastructure. Instead, Bitfarms entered into a contract with two private power firms to supply its operation’s energy requirement.

In fact, the facility is located inside a complex that already houses a power plant belonging to the Albanesi group, according to Under the arrangement, Bitfarm’s Argentina Bitcoin mining facility will be mine BTCs at substantially reduced costs per coin thanks to the low power rate of 2.2 cents per kilowatt-hour.

Bitfarms general manager for Latin America Damián Polla gave further details about the company’s project. “This is a project for the construction and administration of a data center of up to 210 megawatts,” Polla told Infobae. “The investment requires the construction of an electrical substation within the existing property of the Maranzana thermal power plant.”

“We will generate approximately 500 jobs during construction and another 100 during the operation of the data center,” he added. “This is a contract for the sale of energy between private parties, which does not involve any type of subsidies, taking into account that the demand is not connected to the grid.”

Bitfarms currently operates five crypto mining facilities in Quebec Canada with a total power capacity of 69 megawatts. The firm also plans to construct another five plants with a total power capacity of 100 megawatts.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • GregDalton
  • 2022.05.22 19:12:58
1. Binary option scam?
2. Forex trading?
3. Romance scam
4. ICO Scams
5. Online betting scams
6. Bitcoin scam
7. Phishing scam
or any other kind of scam?

If in any case you have lost funds to them or any other. I have a good news for you. Scams Rescue is currently recovering funds for all victims. Service delivery is top notch and second to none. Hurry and contact them on email: [email protected] Whatsapp: +15163299814
  • 1
  • ·
  • 0
  • BarbaraEckman
  • 2022.05.21 16:47:08
I WAS ACTUALLY FOOLED AND SCAMMED ( $753,000 ) by someone I trusted with my funds through a transaction we did and I feel so disappointed and hurt knowing that someone can steal from you without remorse after trusting them, so I started searching for help legally to recover my stolen funds and came across a lot of Testimonials about WIZARD GARRY, an agent who helps in recovery lost funds, which I can tell has helped so many people who had contacted him regarding such issues and without a questionable doubt their funds was returned back to their wallet in a very short space of time, it took the expert 48hours to help me recover my funds and the best part of it all was that the scammers was actually located and arrested by local authorities in his region which was very relieving. Hope this helps as many people who have lost their hard earn money to scammers out of trust, you can reach him through the link below for help to recover your scammed funds and thank me later.
Email Address: [email protected]
Or WhatsApp: +15163299814... website:
  • 2
  • ·
  • 0
  • Randy12451
  • 2022.05.21 07:15:54

Have you ever gotten your bitcoins stolen from your wallet or invested in an ICO that turned out to be a scam, you are not alone because this happened to me too. I initially lost $90,000 in just 3 months from Cryptoallday, I contacted the authorities and they referred me to a bitcoin recovery company who helped me recover all my funds within less than 2 days... I`m speaking out to improve our awareness of these cryptocurrency thieves and help you if you have been a victim yourself. Simply send them an email [email protected]
Whatsapp or text: +15163299814, website:
  • 3
  • ·
  • 0
  • Nath
  • 2022.03.31 15:04:07
I'm so happy to share this with you that can read / see this now. When I started trading binary and forex a few months ago, I really didn't have the necessary tools to trade and I lost a lot until I met Pablo Martinez who taught me all about market psychology as he managed my account for me. Today I am grateful to him for his great offer and help because it really changed my financial situation with an investment capital of $1500 and now I'm earning around $35,500 - $30,000 profits per week. Here is his WhatsApp no: +44 7520 636249 or his email address: [email protected]
  • 0
  • ·
  • 0
  • frank4354
  • 2021.11.27 03:51:36
Hi everyone, my name is Francisco!
Top Secret Way To Win Lottery With The Help Of A Magic spell caster called Dr. Prince . I requested a lottery spell, and he cast the spell and sent me the winning lottery number. Now I am a proud lottery winner with the help of Dr.prince . I won $1,000,000.00 ( One Million Dollars) Thank you so much sir for dedicating your time to cast the Lottery spell for me. I am extremely grateful for the Lottery spell you did for me. You can contact him now for your own winning numbers.

Email: [email protected]

WhatsApp him: +18488416266
  • 0
  • ·
  • 0
  • WestonTony905
  • 2021.11.23 20:38:31
I have been working for a year plus to get my credit to 700plus, I felt pretty bad when I checked there wasn’t any improvement. One delighted evening after I closed from work, I sketch through the internet trying to figure out how to bring up my score, I came across lot of articles/testimonies of different kind and one caught my attention speaking and recommending a particular hacking company named TROVIAN CREDIT REPAIR. I quickly write out the details [email protected] or text; +1 (424) 307 4562 and contacted them; thereafter they replied and told me they are fully back in service. To cut the long story short they started with the repair and got my score to exactly 799 and remove all the negative items replacing them with awesome trade lines. Get in touch with them via the above contacts and get your credit perfectly fixed.
  • 0
  • ·
  • 0
  • Charleymac
  • 2021.11.15 23:51:18

You have to understand that there is nothing too hard to find, you just have to look in the right place. And thats the case when it comes to looking for help to recover your bitcoins/moneyt to any mischievous act or carelessness online or anywhere

I was once a victim, lost some Cryptocurrency Investment, Met a PRO and i got my Bitcoins back with the help of

he does it effortlessly, secured and anonymous.


WhatsApp: +44 7883 15783
  • 0
  • ·
  • 0
  • Danhanwat
  • 2021.11.15 04:39:26
Need you’ll to know COINWALLETRECOUP DOT COM, they’re the Best Crypto Recovery firm out there. i was scammed by a forex website Tradestation to be precise to the tune 0f $153,700. was firstly informed that ill be able to withdraw 11.5% roi weekly from the second month of membership and if i invest more, the roi could be increased by 4.5%. i later invested $17,300 to make it a total of $170,000.
After the whole investment, i was only able to make a withdrawal for the first week, then after was told  to invest more to withdraw more but told them that i wasnt interested and wanted to continue with the current roi plan but was told that i wouldnt be able to withdrawal till i invest that was when i saw the red flag and told them i wasnt interested anymore but not surprised by their act i couldnt make any withdrawal again. I told a friend and he referred me to Coinwalletrecoup dot com and withing a week of our contact i was able to withdraw all my funds in addition to my roi for the whole planned duration of 9 months advance payment. I cant still believe that this happened, all thanks to Coinwalletrecoup dot com, you can get in touch with them if you need any of this services, they’re the best out there. COINWALLETRECOUP DOT COM. I'm so grateful. 
  • 0
  • ·
  • 0
  • Bitcoin (btc) $28,852.00 (-0.29%)
  • Ethereum (eth) $1,762.11 (-0.67%)
  • USD Coin (usdc) $1.00 (+0.15%)
  • BNB (bnb) $301.62 (+0.59%)
  • XRP (xrp) $0.384012 (-2.07%)
  • Bitcoin (btc) $28,852.00 (-0.29%)
Jul 15, 2021 (Thursday)
BTC Surges by 1.16% Within 5 Mins, Marking 31,824.01 USDT
BTC Surges by 1.12% Within 5 Mins, Marking 32,104.8 USDT
BTC Drops by 1.03% Within 5 Mins, Marking 32,171.88 USDT
TriumphX Scouts 'MINAMCOMPANY' CEO Woo-Seong Lee As Creative Director
ETH Tops List Of Crypto Net Inflow With $298.96 Mln In Past 10 Hours
Jul 14, 2021 (Wednesday)
BTC Surges by 1.03% Within 5 Mins, Marking 32,738.08 USDT
BTC Surges by 1.01% Within 5 Mins, Marking 31,899 USDT
Crypto Market Sentiment On Jul 14: Market In "Extreme Fear"
ETH Tops List Of Crypto Net Outflow With $224.97 Mln In Past 10 Hours
Jul 13, 2021 (Tuesday)
Crypto Market Sentiment On Jul 13: Market In "Extreme Fear"
ETH Tops List Of Crypto Net Outflow With $178.61 Mln In Past 10 Hours
Jul 12, 2021 (Monday)
Crypto Market Sentiment On Jul 12: Market In "Extreme Fear"
BTC Tops List Of Crypto Net Inflow With $164.82 Mln In Past 10 Hours
Jul 11, 2021 (Sunday)
BTC Surges by 1.02% Within 5 Mins, Marking 34,475.6 USDT
ETH Tops List Of Crypto Net Inflow With $122.76 Mln In Past 18 Hours
Crypto Market Sentiment On Jul 11: Market In "Extreme Fear"
BTC Tops List Of Crypto Net Outflow With $87.56 Mln In Past 10 Hours
Jul 9, 2021 (Friday)
BTC Surges by 1.08% Within 5 Mins, Marking 33,911.8 USDT
Crypto Market Sentiment On Jul 09: Market In "Extreme Fear"
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.