Data Centers Join the Bitcoin Train
Data centers in the United States are now beginning to accept bitcoin for colocation space and other services as the interest in the digital currency continues a rapid expansion. Who's paying? Companies in the digital currency sector, of course. C7 Data Centers is one of two companies that announced bitcoin acceptance recently. The center, based out of Salt Lake City, says they've accommodated about 4.5 megawatts of capacity just for bitcoin customers, according to CEO Wes Swensen, as reported by Data Center Knowledge. This additional center is designed to home bitcoin miner operations,....
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"We are in a completely different situation in the power market now than when the reduced rate for data centers was introduced in 2016," said Norway's finance minister. Trygve Slagsvold Vedum, the finance minister of Norway, has suggested the government abolish a scheme that allows crypto data centers to pay a reduced rate on electricity.In an Oct. 6 announcement, the government of Norway proposed that data centers operating in the country be subject to the same electricity tax rates as other industries, representing a potential change in policy for Bitcoin (BTC) miners. According to the....