Coinmint Joins Forces with Innosilicon to Utilize the World’s Most Efficient Mining Hardware in its New 1340-Acre Facility in a former Alcoa Aluminum smelter in upstate New York.
Coinmint, a firm that utilizes data servers to process digital currency transactions, and Innosilicon, a semiconductor design firm specializing in cryptocurrency mining ASICs, announce their partnership that marries the largest global mining capacity with the most efficient mining technology in efforts to corner the digital currency processing market.
This long-term partnership, enables both parties to be the de-facto dominant players in the space, providing for a full buildout of the Massena facility in record time, while beginning to work on similar facilities to ensure their position on top of the industry, for years to come.
“The performance of our latest ASICs are on-par with the infrastructure Coinmint is implementing, so the partnership is a natural fit,” said Innosilicon VP of Engineering, Roger Mao. “The Coinmint team are titans in the digital currency data center space. So, this partnership will bind the best miner with the best mining operation and aim to generate the highest return with the least amount of risk.”
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