The U.S. stock-listed company Singularity Future announced on April 14 that it signed a contract with the Georgia company Golden Mainland Inc. on April 10.
It is planned to build a Bitcoin mining farm with an estimated total of 1 GW in Texas, Ohio and other states, and is expected to be fully loaded with 300,000 Bitcoin mining machines, each with a power consumption of 3,400 watts per hour.
The two parties expect the total joint investment to be up to US$250 million, and Singularity will hold a 51% stake in the joint venture in the future and make capital contributions based on its equity.