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Compute North Announces Nebraska Colocation Center for Bitcoin Mining

Compute North Announces Nebraska Colocation Center for Bitcoin Mining

Compute North Announces Nebraska Colocation Center for Bitcoin Mining

Compute North, an information infrastructure and colocation corporate primarily based within the U.S., has introduced that its biggest location is now are living in Nebraska. The new facility gives 100 megawatts (MW) of energy and is focused at huge capability customers, comparable to cryptocurrency miners.

“The facility is set up to accomodate large-capacity users with over 1MW of requirements by delivering accessible, affordable, reliable and secure collocation to people from all over the globe,” in line with a press unencumber shared with Bitcoin Magazine. “The combination of power and connectivity with the low energy costs of the site makes it capable of efficiently handling blockchain, machine learning, crypto mining, and more.”

Compute North’s new colocation heart is positioned within the the city of Kearney, Nebraska, and it is going to be the 3rd facility owned and operated by way of the company. Its others are positioned in Texas and South Dakota. News of this new campus first broke in June 2019, when the corporate reportedly agreed with the City of Kearney and the Economic Development Council of Buffalo County to dedicate about $7.65 million to the venture. 

Compute North and Bitcoin Mining Colocation Services

According to the discharge, Compute North will leverage Nebraska’s rather low power prices (which recently stand at $zero.1004 in line with kilowatt-hour) to offer dependable colocation — apparatus, area, bandwidth and/or energy condo — for other people world wide. Compute North hosts and distributes cryptocurrency mining apparatus from the likes of Bitmain, Whatsminer, Canaan and extra.

“Our new Nebraska hosting site is already more than two-thirds committed and is continuing to ramp up quickly,” Compute North CEO Dave Perrill defined within the unencumber. “We are very excited to be a part of the Kearney community as we continue to deliver scalable, fast deployment data center solutions that help organizations drive maximum ROI.”

The Future of Bitcoin Mining within the U.S.

This colocation mining heart is the most recent spice up for America as a rising marketplace for bitcoin mining operators. Though the sphere has lengthy been ruled by way of China, because of its get right of entry to to reasonable electrical energy and reasonably priced mining hardware, the U.S. is organising its fair proportion of bitcoin mining facilities as are different places world wide.

In October 2019, Texas, for example, welcomed an inflow of funding from the mining business. Bitmain unfolded a 50MW mining heart within the state and cryptocurrency infrastructure platform Layer1 secured $50 million in investment to construct mining tools and run its mining operation in West Texas. 

In November 2019, Whinstone US Inc. and Northern Bitcoin AG introduced their aim to arrange a 1 gigawatt bitcoin mining farm in Louisiana which they declare will be the “largest bitcoin mining facility worldwide.”

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