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Block Is Building a Solar-Powered Bitcoin Mining Facility With Blockstream

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Cryptocurrency with a clear conscience.
Block and Blockstream have revealed their plans to build a solar-powered Bitcoin mining facility. Block is the parent company of Square, Cash App, and Tidal as well as the cryptocurrency-focused Spiral and TBD. Blockstream, meanwhile, describes its mission as building the « crypto-financial infrastructure based on Bitcoin. » It will lead the construction of this new mining facility. Blockstream says that a « 3.8 Megawatt (MW) Tesla Solar PV array and 12 megawatt-hours (MWh) Tesla Megapack will power the open-source, solar-powered Bitcoin mining facility at a Blockstream Mining site in the United States » that it expects to finish sometime this year.

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