Bitcoin mining site in Texas will consume power enough for 200,000 homes

Texas is becoming the new hub for Bitcoin mining. As announced previously, Riot Blockchain (RIOT) is setting up a massive 265-acre site for a crypto mining undertaking in Corsicana, Texas. Expected to open in July 2023, this site could consume enough power to light up 200,000 homes. The mining site will have a total capacity of 1.7GW once ready. Also, it will officially become North America’s largest Bitcoin mining project after it is completely built.