Blockmetrix Raises $43M to Add 5,000+ Crypto Mining Rigs to Dallas Facility

Charli Renken

Mar 8, 2022

As the Texas crypto gold rush continues, due in large part to the state’s lower energy costs, the demand for mining increases. To mine cryptocurrency like bitcoin, you need mining rigs – powerful computers used to validate cryptocurrency transactions on a decentralized ledger. And more rigs are needed to meet this rising demand.