KnC Miners Announces 20MW Data Center Near the Arctic Circle After Turning Backs on Their Customers
KnC Miner has announced their expansion of an additional 20 MW to their data center in what they call the Node Pole by the arctic circle. The Node Pole is their nickname for the mining operations so far north. The new data center will be called Boden 2 and bring their site to a total of 30 MW and 15000 square meters. They are to have the new mining data centers operational by the end of 2014. The high rate of which they are building out is showing up in a big way on the Bitcoin Mining Pool Charts and KnC are currently reporting 7% of the global hash rate. KnC recently stated their....
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How long does it generally take a company to build all the required infrastructure from scratch and start operations in a new place? Any guesses? Yes, usually 6 months to a year, unless the businesses is into the Bitcoin or cryptocurrency sector. KnC Miner, a-Bitcoin mining company-has plans to build its latest data center in a record time of one month. According to reports, the company has announced its plans to build a 20MW data center in Sweden. The company's plan to induct a new facility aligns with the timing of the launch of its latest ASICs. The speed at which KnC Miner is moving....
Global Bitcoin mining equipment company KnC Miner announced in a press release that they will grow their business with a 20 MW datacenter in Boden, in The Node Pole region near the Arctic Circle in Sweden. The investment - called Boden 2 - bring their site to a total of 30 MW and 15 000 square meters. The new datacenter will be operational by the end of 2014 and will be used for cloud services and for hosting of specialized Bitcoin mining hardware to a global client-base. KnC Miner co-founder Sam Cole said: "We have the planet's most efficient bitcoin cloud mining operation. Our Clear Sky....
KnCMiner has unveiled a new cloud-mining service, offering six-month contracts out of its Arctic bitcoin mine. KnC Cloud, launched on 2nd September, leverages the company's existing data center space in northern Sweden. The so-called Clear Sky mine boasts more than 7 petahashes per second in estimated mining power. KnCMiner said the program will benefit from the cheap cooling and local renewable energy sources afforded by the Arctic Circle. These geographical advantages have led many companies in the bitcoin mining space to look to the Arctic, potentially establishing the region as a key....
China-based Canaan Creative, a bitcoin mining firm commonly known by Avalon, its bitcoin mining chip brand, will open a data center powered by hydroelectric power at the ‘Node Pole’. Owned by power companies, the technology infrastructure hub is situated in the Boden region near the Arctic Circle n in Sweden. Canaan, which manufacturers ASIC microprocessors, claims to be the first Chinese bitcoin company to open a data center in Europe. The facility will operate at 10 MW at its initial stage, leaving room for expansion in the future. With the announcement today, Canaan Creative co-founder....
A Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to expand the firm’s activities after launching the facility in late 2020. According to the company’s website, the datacenter is getting electricity rates as low as $0.03 per kilowatt-hour (kWh). Mining Precious Crypto Assets in the Arctic Circle This week the Russian mining operation Bitcluster was featured in a Bloomberg video-report that highlights the company’s Norilsk bitcoin mine. The city....