Sazmining, a provider of bitcoin mining hosting solutions, has launched its first hydropower mining facility in Wisconsin, providing the company with a carbon-neutral source of electricity.
According to a press release sent to Bitcoin Magazine, the facility will house 350 mining rigs. These will be fed by the natural flow of a nearby river that runs through an artificial dam.
The statement describes how “This is a definitive proof of concept to demonstrate that, when done responsibly, bitcoin mining can not only greatly minimize any potential impact on the environment, but can also be completely neutral on the environment.” carbon”. The environmental impact of Bitcoin mining has been criticized by many critics, but there is an incredible volume of research showing that Bitcoin mining encourages investment in renewable and sustainable energy sources.
Will Szamosszegi, Sazmining’s CEO, said, “Our new facility provides a carbon-neutral source of electricity for our mining operations and is a model of how mining can be managed sustainably, as well as a testament to our commitment to having a positive impact on our environment and economy.”
Sazmining has been particularly focused on serving the retail market. Since Bitcoin mining is relatively complicated at scale, it may make sense for certain investors to look to services like Sazmining’s to gain a stake in the mining industry.
“We want retail users to have the same opportunity to become full-time bitcoin miners as the big institutional players in the space,” said President and COO Kent Halliburton. the simple and profitable Bitcoin revolution.”
