Crypto mining has proven to be an effective way to stimulate the crypto economy and ensure that people are able to make the necessary investments. Therefore, people are more than looking forward to seeing how the market becomes even better over the years. But after China dropped the ban hammer on cryptocurrencies and everything surrounding it, people were initially worried that the entire market may take a very serious hit.
However, with the benefit of hindsight, people have been able to see that it would take a lot more for cryptocurrencies to pack up and shut down. In fact, the entire market continued to grow and showed incredible signs of growth. Even the recent price of Bitcoin has shown the incredible promise that the entire market holds. It is currently the most expensive currency in the world priced over $70,000.
Even companies like the OLB group have been making movies into the market, with their many programs. Their most recent operation will be focused on mining Bitcoin and other cryptocurrencies in a massive data center. They are looking to dive even deeper within the mining scene, as they have plans of adding a thousand more antminer mining computers. These machines are some of the best in the market and are specifically designed to mine some of the toughest cryptocurrencies on the market.
While they expect to have those many machines by then, the truth is that they are still quite the small operation. They only have a hundred antminer machines, but they are only testing the waters so far. And as they have seen the incredible promise that the market holds, OLB are looking to go all in on the crypto mining scene.
In fact, they are so confident about crypto mining in general that they are looking to add a total of 24,000 machines within two years. The new massive data center that they have placed in Bradford, PA, is nothing short of amazing. The massive data center will be able to hold all of the new computers that they bring in, making it one of the biggest mining centers in the country.
Of course, after China closed its doors to cryptocurrencies as a whole, companies have been looking for their next sanctuary. And even though most went over to countries like Singapore or Ukraine, others went on to the US. Many believe that the US is soon to become the next biggest hub for cryptocurrencies as a whole. Whether it is mining or supporting a variety of fintech firms, the US is where they are going to be. And the OLB group is looking to capitalize on this new emerging market.