Here is a quick video tour of the new USI-Tech Mining Operations in Iceland. Mike Keifer said that they will going to invest in cryptocurrency mining. They've secured nearly $100 million USD in contracts for ASIC and GPU mining hardware, with strategic locations in Asia, Europe, and Iceland chosen for power and proximity to technology partners. In our recent post here in Coinsmo, they've already started to mine Ehtereum.
With a full deployment planned by the end of 2017, USI-TECH's ASIC miners will account for nearly 1% of the GLOBAL Bitcoin hash rate. Phase 1 of the GPU mining product, which will be fully deployed by the end of Q1 2018, is estimated to account for 2.5% of GLOBAL Ethereum hash rate.
These investments establish a firm mining foundation, with additional investments planned for continuous growth. With a focus on diversified cryptocurrency investments and revenue streams, USI-TECH is firmly positioned as the future of cryptocurrency!
Watch CTO and Co-Founder, Ralf Gold, video trip to one of the global data centers in Iceland.
Ralf Gold In USI-Tech Mining Facility Tour Short Video
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