January 8, 2020, 7:00AM EST
• 2 min read

What's going on with Bitmain's Texas facility?

Quick Take

  • In October, it was announced that Bitmain would partner with DMG Blockchain Solutions to manage its 33,000-acre mining facility in Texas
  • Last Monday, DMG Solutions announced that the partnership had been terminated as “cost and operational efficiencies have not materialized as planned.”
  • The facility currently has 15,000 installed mining units, but what happens at this point is unclear.

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