Cryptocurrencies

Square to Invest in Solar-Powered Bitcoin Mining Facility

Bitcoin Mining at Russian CryptoUniverse Farm — Photographer: Andrey Rudakov/Bloomberg

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By Elizabeth Rembert

June 5, 2021 at 1:20 PM EDT

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Square Inc. will invest $5 million to build a solar-powered Bitcoin mining facility at a Blockstream Mining site in the U.S. through a partnership with the blockchain technology provider.

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