Bitcoin infrastructure services company Blockstream today announced a new partnership with financial services giant Macquarie to develop and manage zero-emission Bitcoin mining facilities.
The first project will be located in North America and will use Blockstream’s enterprise-level mining facilities As well as expertise in mining hardware hosting, provide additional security for the Bitcoin network.
This partnership opens up a wide range of exciting Bitcoin and mining related opportunities for Macquarie and Blockstream. The new plan with Macquarie will include the initial mining hardware hosting, which may be expanded in stages as the green power infrastructure is deployed.
In addition, the new cooperation with Macquarie builds on Blockstream’s previously announced cooperation with Aker and Square to establish alternative and renewable energy Bitcoin mining projects.
Macquarie is a financial services group based in Sydney, Australia. It manages assets of AUD $550B (USD $11B) and operates in 32 markets around the world.
Their products include a variety of services, from asset management, retail and commercial banking, wealth management, leasing and asset financing, to market access, commodity trading, renewable energy development, special consulting, financing and principal investment.