World’s Largest Bitcoin Mine Lures New Clients to Texas Hotspot

By Eky Henning and Vanessa Dezem

SBI Holdings Inc. and Japanese internet-service provider GMO Internet Inc. are about to start extracting Bitcoin at the world’s largest crypto mine, located in the industry’s new hotspot: Rockdale, Texas.

The two firms have in principle agreed with Northern Bitcoin AG subsidiary Whinstone Inc. to process cryptocurrency transactions at the German company’s facility within the coming months, according to people familiar with the matter.

"Bitcoin is attracting more institutional investors and with the notion of limited supply and mass adoption -- Bitcoin is winning this race”

Mike McGlone, senior commodity
strategist at Bloomberg Intelligence

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