The facility will be a proof-of-concept for a 100 per cent renewable energy Bitcoin mine at scale, with the economics of the build-out -- including operational costs and ROI -- made open to the public.
"Why would a music streaming company and a financial services company join forces? It comes down to a simple idea: finding new ways for artists to support their work," Dorsey tweeted late on Thursday.
This public-private partnership is a three-year partnership including a grant from Synchrony to the university for the project which will focus on leveraging the blockchain technology