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KnCMiner
produces state-of-the-art chip design and cloud services for
Blockchain-based applications and cryptocurrency mining. The company has announced
that it is adding 20 megawatts to what was previously going to be a 10
megawatt data center in Boden, Sweden, in the vicinity of a massive
Facebook data center.
Low-Cost Hydro Power and Free of Cost Cooling
KnCMiner is not alone in this exercise as many other companies have built and continue to build massive data centers designed specifically for the Bitcoin mining purposes. The decision to get the new data center by the company is an indication that the place provides low-cost clean energy which is fundamental for cost-benefit.
The announcement regarding this came as the company decided to expand
its data center capacity in Boden to a total of 30 megawatts and 160,000
square feet. According to the source from the organization it decided
this because of the abundance of hydropower in the area and a favorable
business environment.
Low-Cost Hydro Power and Free of Cost Cooling
KnCMiner is not alone in this exercise as many other companies have built and continue to build massive data centers designed specifically for the Bitcoin mining purposes. The decision to get the new data center by the company is an indication that the place provides low-cost clean energy which is fundamental for cost-benefit.