According to Wu, the mining machine manufacturing giant BITMAIN announced an important partnership with the renowned Italian mining company Alps Blockchain. Alps Blockchain will purchase over 10,000 ANTMINER S21+ Hyd. liquid-cooled mining machines with a computing power of 319T and an energy efficiency ratio of 15.0J/T, along with the supporting ANTSPACE HK3 liquid-cooled containers, to establish a new 70MW Bitcoin mining farm in Iowa, USA. The official announcement stated that this is a significant deployment for Alps Blockchain in the North American market.