• Business

    Datacenter Of the US Defense Will Be Crypto Mining Farm For Wuhan General Group Of China

    According to a press release, Chinese holding company Wuhan General Group, Inc. has begun negotiations to transform a US Department of Defense facility into a Crypto Mining Farm. However, according to the press release, in the case of successful trading, the company will receive final delivery of the facility by the end of October or in the coming months. According to the information available, the Wuhan General Group plans to benefit from the low prices of electricity in the United States, cold climate, and high-speed Internet access, which is decisive for mining activities. The 55,000-square-foot data center with more than…