Crypto miner Digihost plans to move rigs from New York to Alabama

2022.08.03 08:10

Crypto miner Digihost plans to move rigs from New York to Alabama

Digihost, a United States-based cryptocurrency mining company, has announced plans to move part of its fleet from New York to Alabama in an effort to lower energy costs.

In a Tuesday announcement, Digihost said its 55-megawatt (MW) facility in Alabama — which the company acquired in June — will host some of its crypto miners from New York, leading to lower operating costs. According to the mining firm, it aims to have a hashing capacity of 28 MW at the Alabama facility by the fourth quarter of 2022, and 55 MW by the second quarter of 2023.

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