Enegix Global has started construction of an 80 MW data center in Brazil
Enegix Global has started construction of an 80 MW data center in Brazil amid the shifting Bitcoin mining landscape in Latin America.
July 2024 – Enegix Global, a leader in cryptocurrency mining infrastructure, is excited to announce the upcoming construction of a new data center in Brazil. This is a two-phase project, starting with a capacity of 20 MW and planned to expand up to 80 MW. The initial 20 MW phase is scheduled to launch in September 2024. This Brazilian facility underscores Enegix’s strategic expansion efforts and strengthens its position as a global industry leader.
About Enegix Global
Established in 2017, Enegix Global is a leader in the cryptocurrency mining sector, boasting state-of-the-art data centers and bespoke hosting solutions. Currently managing over 220 MW of capacity across both off-grid and on-grid data centers, Enegix harnesses advanced technologies and leverages strategic global locations to provide reliable, secure, and efficient mining services to a global clientele. Committed to shaping the future of digital currencies, Enegix continuously prioritizes innovation and sustainable practices within its operational framework.
New Data Center in Brazil
The forthcoming Brazilian off-grid facility will operate on natural gas with an uptime of 96%. It will offer comprehensive hosting solutions that include 24/7 monitoring of equipment, a dedicated service center, and continuous video surveillance. Further enhancing its service offerings, the center will also house an ASIC repair center staffed by industry experts and provide equipment installation and setup services led by specialists with extensive experience in the mining sector. This development reaffirms Enegix’s dedication to enhancing its service capabilities and maintaining industry leadership.
Market Shifts in Latin America
Recent changes in Paraguay, including a 14% increase in energy tariffs for miners, have prompted a shift in the regional mining landscape. Many companies are considering relocation to more favorable environments such as Argentina and Brazil. A notable development is the emerging collaboration between Argentina and Brazil in the free economic zone of Zapala, which is quickly becoming a pivotal hub for cryptocurrency mining in the region.
Conclusion
Enegix’s strategic decision to expand into Brazil aligns with the evolving dynamics of the cryptocurrency mining industry in Latin America. This expansion not only enhances Enegix’s service portfolio but also positions the company to continue leading in the provision of innovative and sustainable mining solutions worldwide.
