Cryptocurrency mining company, Enegix Global, has announced the construction of a new 80 MW data center in Brazil, marking a significant expansion of its operations. The two-phase project, set to launch its initial 20 MW phase in September 2024, will operate on natural gas with an uptime of 96%. This strategic move comes amid shifting dynamics in the Latin American cryptocurrency mining landscape, with many companies considering relocation due to increased energy tariffs in Paraguay. The new facility underscores Enegix’s commitment to innovation and sustainable practices, positioning the company to continue leading in the provision of global mining solutions.