Sazmining, a Bitcoin mining hosting solutions provider, launched its first hydroelectric-powered mining facility in Wisconsin, providing the company with a carbon-neutral source of electricity.
According to a press release sent to Bitcoin Magazine, the facility will house 350 mining rigs. These will be fed by the natural flow of a nearby river crossing an artificial dam.
The release describes how “This is a definitive proof of concept to show that, when done responsibly, bitcoin mining can not only significantly minimize any potential environmental impact, but can also be totally carbon neutral.” The environmental impact of Bitcoin mining has to be under fire many critics, but there is an incredible volume of research that watch Bitcoin mining encourages investment in renewable energy and sustainable energy sources.
Will Szamosszegi, CEO of Sazmining, said, “Our new facility provides a carbon-neutral source of electricity for our mining operations and is a model of sustainable mining management as well as a testament to our commitment to having a positive impact on our environment and economy.
Sazmining has been particularly focused on catering to the retail market. Since Bitcoin mining is relatively complicated on a large scale, it may make sense for some investors to seek out services like Sazmining in order to gain a stake in the mining industry.
“We want retail users to have the same opportunity to become full-time bitcoin miners as the big institutional players in the space,” said President and COO Kent Halliburton. the simple and profitable bitcoin revolution.