Byron Bay to Become Australia’s Bitcoin Mining Hub: Report

The Nasdaq-listed company Mawson Infrastructure Group reportedly inked a partnership with Quinbrook Infrastructure Partners to set up one of Australia’s largest bitcoin mining operations. It will be located in the beachside town – Byron Bay – and will use 100% renewable energy.
Australia Aims at Green BTC Mining
Apart from being one of the leading touristic hotspots in Australia, Byron Bay could also become the center of the country’s bitcoin mining. A recent report reads that the new facility, seeing the light of day thanks to Mawson Infrastructure Group, will add around 0.4 exahash to global cryptocurrency mining.
Quinbrook Infrastructure Partners – a US private equity firm that invests in low carbon and green initiatives – will use renewable energy for mining.
“That was key in the deal, that we were willing to do that curtailment at peak network load times. Our ability to just turn on and off reduces overall power costs and allows us to put more power back into the gri

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