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In line with GMT Token’s geographic expansion, the team has set up a new 20 MW data center near Oslo, Norway.
GMT has installed just under 3,000 new Antminer S19 miners. Its mission is to utilize the most advanced technology and the most energy efficient equipment. press release.
As the GMT token aims to reduce its carbon footprint as much as possible, an increase in the number of miners in its data centers is expected. Hydroelectric power generation will be used to operate the facilities.
The mining equipment is located in a highly secure zone with 24/7 video surveillance. An air ventilation system cools the miners.
The GMT Token smart contract was created in April 2021. The company also introduced a token backed by computing power at that time.
Next year, GMT will work with its Norwegian partners to increase and expand its capacity. They invest part of their funds in social and environmental projects.
For example, modern immersion cooling systems maintain miner temperatures. Hot water from this system is used for the industrial and agricultural sectors of the Scandinavian country, as well as social programs.
As one of the world’s greenest countries, Norway has made green energy a priority. The project will be eco-friendly by setting up a data center in the region. So is the entire crypto industry.
About GMT
GMT ensures energy efficient consumption, provides 24/7 uninterrupted service, handles logistics and simplifies the mining process for all stakeholders.
Over 18,000 GMT token holders are now earning Bitcoin mining rewards every day without the hassle of maintaining physical equipment.
GMT has increased the device park hash rate from 100,000 TH/s to 735,000 TH/s.
