New mining farm under construction based on renewables in Switzerland, would partly solve NVIDIA's GPU stock problems
Sure many of you were happy that NVIDIA ate 300.000 GPUs and the recent reports that pointed to a 20% reduction in the price of graphics cards this month, but perhaps the joy is over. Many say that mining farms are not being set up, something that is not true and that is that in Switzerland a large cryptocurrency mining farm is under development and they are based on NVIDIA GP102.
Mining farm in Switzerland based on NVIDIA GP102.
The mining farm that is being developed in Switzerland is based on renewable energy, specifically on flowing water hydraulics, a generation system that allows generating 24/7. This is a smarter option than photovoltaic panels or other alternatives, which depend on the sun or wind to generate and are sold as 100% renewable generation farms, this being false.
This facility is near the border with Italy, in the heart of the Alps, which provides them with a constant annual generation, thanks to the fact that there is a constant flow throughout the year and the unevenness of the area, allows the water to flow at high speed, which allows a great generation of hydraulic energy in a constant way, more than enough to power the mining farm.
Developed based on special rigs, based on server boxes modified to house seven graphics cards. It is impossible to know how many of these boxes count, but apparently there are about 10.000 of these chassis and they house seven graphics cards each, so the calculation is quite simple, counting 70.000 graphics cards, which would solve the NVIDIA stock problem. . How many more are being developed right now around the world?
