Bitmain and Bluestone Mining have formed a strategic alliance to develop a Bitcoin mining farm with a capacity of up to 60 megawatts at Bluestone Mining’s new base in West Texas. Based on the utilization of a new generation of Bitcoin mining hardware, these new facilities (which will be owned and operated by BluestoneMining) can accommodate up to 2.0 Exahash of Bitcoin mining operational capacity. Bitmain participates in demand response programs as part of its electricity procurement strategy and is evaluating behind-the-meter renewable energy solutions. Bitmain and BluestoneMining plan to open four locations in Texas, two of which will be at BluestoneMining’s new base. Construction is expected to begin in the second quarter of 2024, with operations beginning in the fourth quarter of 2024.
“This project marks the beginning of tremendous growth for Bluestone Mining, and we are fortunate to partner with a company that is well-respected in the Bitcoin mining industry, Bitmain,” said Bluestone Mining CEO Tyler Glover. The new Saskatchewan site could become a premier destination for the Bitcoin mining industry, providing site locations close to existing grid infrastructure and high-quality solar and wind resources for future renewable energy procurement. We hope to leverage our unique resource base, Industry and user relationships, along with the region’s abundant energy resources, ensure the success and scale of this joint venture. For BluestoneMining, our users and shareholders will benefit from the passive income of cloud mining while enjoying the low energy consumption of the new energy grid income.”
Tyler Glover, chief analyst officer at BluestoneMining, said: “This project marks a significant increase in BluestoneMining’s production capacity, and we are fortunate to partner with a company as well-respected in the Bitcoin mining industry as Bitmain. We BluestoneMining is believed to have a strong presence in Texas. The new site could become a premier destination for the Bitcoin mining industry, providing sites close to existing grid infrastructure and high-quality solar and wind resources for future renewable energy procurement location. We hope to leverage our unique resource base, industry and user relationships, and the region’s abundant energy resources to ensure the success and scale of this joint venture. For BluestoneMining, our users and shareholders will benefit from the passive benefits of cloud mining income while enjoying the low energy consumption advantages of “Texas is quickly becoming an attractive new Bitcoin mining destination in the United States, and we are eager to establish a foothold in the state,” said James Stanton, Chairman and Founder of BluestoneMining. “Community Engagement and Sustainability is an important priority for BluestoneMining and we look forward to being a responsible corporate citizen in the communities in which we operate. We are excited to partner with Bitmain and believe our combined efforts and capabilities will provide tremendous opportunities for future growth.”
“We are excited to partner with Bitmain to bring Bitcoin mining to Texas,” said Justin Ballard, Technical Director at BluestoneMining. “As a long-time wind and solar gas industry veteran Professionals, I believe in Bitmain. The coin can serve as a great addition to the cloud mining space and be successful together. Additionally, seeing a group like Bitmain participate in the industry is very valuable for the Bitcoin mining space as a whole . BluestoneMining is committed to educating energy companies and landowners about the benefits that Bitcoin mining can bring, and we applaud Bitmain for being a leader and seizing the opportunity to enter this emerging industry.
About BluestoneMining:
Company founder James Stanton founded Bluestone Mining in 2016. Bluestone Mining is a rapidly growing digital asset mining service provider. In an era when minerals are like gold, we rely on trends and opportunities to successfully rise and expand rapidly. After years of development, we currently have 75 mines around the world, more than 100,000 mining equipment, and members in more than 195 countries. Trusted by over 6.5 million users worldwide. We believe that everyone should benefit from cloud mining and have access to the latest technology and large-scale industries from their laptop or mobile phone data center, and are the world’s leading cloud mining service provider.
About BluestoneMining products:
§ BTC free computing power: The contract price is $10, the contract period is 1 day, providing the opportunity to explore the mining world risk-free, with a fixed return of $10 principal + $0.5 profit.
§ BTC experience computing power: contract price is $100, contract period is 2 days. It is designed for experienced users with a fixed return of $100 principal + $6.6 profit.
§ BTC classic computing power: contract price is US$500, contract period is 6 years, tailor-made for BTC enthusiasts, guaranteed fixed income of US$500 principal + US$36.6 profit.
§BTC classic computing power: The contract price is US$1,000 and is valid for 14 days. Taking advantage of the success of BTC’s classic computing power, the fixed return is US$100 principal + US$183.4 profit.
§BTC classic computing power: The contract price is US$3,000, the contract period is 21 days, aiming to extend the mining cycle, and the fixed income is US$3,000 + profit of US$894.6.
§ BTC advanced computing power: The contract is priced at US$5,000 and the contract period is 28 days, allowing you to maximize profits with a fixed income of US$5,000 + a profit of US$2,142.
Each package is carefully curated to meet the needs of different investors, further ensuring the platform is inclusive. Users can easily monitor their mining activities and withdraw earnings, ensuring a seamless mining journey from start to finish.
Participation is further encouraged by new users receiving $10 immediately upon registration. Bluestonemining protects user funds and personal data with robust security measures, including DDoS and SSL protection systems, while offering comprehensive 24/7 online support.
One of the standout features of BluestoneMining is the unique affiliate program that offers a 3% lifetime bonus for every referral. The founder said: “The referral link they provide will become a lifetime recommendation for new users who sign up through them. As a referrer, users will receive purchase referral rewards.
BluestoneMining’s progressive approach will redefine the cryptocurrency mining industry, bridging the gap between the complex world of cryptocurrency mining and the average individual. This revolution ensures that digital currency mining is not just limited to a privileged few, but becomes a profitable venture for everyone.
For more information, please visit: bluestonemining.com
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