Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

ChickenFast Builds New Crypto Mining Facilities in the US

Published 04/15/2022, 01:26 PM
Updated 04/15/2022, 02:01 PM
ChickenFast Builds New Crypto Mining Facilities in the US

ChickenFast (CF), a leading cloud-based pool of computer power for cryptocurrency mining, officially announced that it has built end-to-end encrypted crypto mining facilities in Texas, US, and it is planning to build more others in the near future. The mining facilities are one-of-a-kind innovations to address the scarcity of mining facilities for new contracts. Interestingly, the company urged that crypto miners can now go toe-to-toe and perform mining with new mining facilities.

The invention is focused on addressing how corporate investors wait in line to get their mining rigs installed in new crypto mining facilities by building more crypto facilities to cover this demand. That said, ChickenFast has set the stage ablaze to make crypto mining activities easy and simple like never before by building its mining facilities.

ChickenFast Gears to Sign Contracts With US Energy (NASDAQ:USEG) Suppliers

ChickenFast disclosed that it is preparing to sign a thriving and competitive new contract with energy suppliers in Texas for its new mining facilities. The firm intends to sign the energy contracts with the aim to elevate crypto mining operations and digital assets incorporation to the next level.

Not only that, the company will execute contracts with renewable energy sources mainly in the US. To note, the energy deal is expected to bolster ChickenFast’s mining operations, and accelerate the development and emergence of the mining facilities. Achieving this milestone brings an unprecedented and ultimate crypto mining convenience to miners.

The crypto industry has seen a significant increase in the scarcity of mining infrastructure, resulting in a large demand for cloud mining. To bring an end to the shortage of mining facilities, the ChickenFast team is working hard to deliver a well-defined strategy to reduce profits for new contracts in order to invest more money in expanding mining facilities in the crypto industry to offset this decline.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

About ChickenFast

ChickenFast is a cloud-based crypto-mining pool with a devoted team of talent. ChickenFast came into existence back in 2015 to make Bitcoin mining easy and accessible to everyone. The company’s headquarter is situated in Hong Kong. It operates data centers globally aimed to lower power cost for more lucrative crypto mining.

Website: https://chickenfast.com

Disclaimer: Any information written in this press release does not constitute investment advice. CoinQuora does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release. CoinQuora is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.