KnC Miner Will Build a New 20MW Data Center in The Node Pole
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....
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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....
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....
Compared to the 2014 rout, Bitcoin price seems to have stabilized near lower levels. Many in the industry expected at least a shutdown of the major businesses involved in Bitcoin mining. But as the price forms a base near $200-220, Bitcoin mining companies are sensing an opportunity to expand their infrastructure and increase their market share. Two of the world's leading Bitcoin mining companies, BitFury and KnCMiner, are going ahead with their expansion plans even in the current low-price environment. BitFury recently announced that it is acquiring a privatized land plot in the Republic....
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....
Bitcoin block chain infrastructure provider BitFury has announced the construction of a $100 million data center in Tbilisi, Georgia's capital city. Georgia has been attracting key international technology companies to position itself as an investment destination and the BitFury Group have duly obliged, by investing $100 million in building a data center in the country's capital of Tbilisi, reports Agenda.de. The 100MW data center will be the second built by the BitFury Group in Georgia after the installation of a 20MW data center in Gori, a city in eastern Georgia. The block chain....