BLOCKWARE SOLUTIONS CONSTRUCTS NEW 20MW BITCOIN MINING DATA CENTRE
PRESS RELEASE: Blockware Solutions, the privately held crypto mining and infrastructure company, has built a 20-megawatt data centre mining facility in Belfry, Kentucky, the first of three planned sites in the region.
The data centre will allow customers to co-locate their mining rigs and has been testing with select clients since January, according to a press release. The facility’s power capacity could also be expanded to as much as 75MW.
“The new 20-Megawatt data centre will facilitate professional mining that will give individual customers total control over their own mining activities,” the company said in the statement.
Blockware Solutions CEO and co-founder Mason Jappa said a primary reason for Blockware to start its mining operation in Kentucky is the state’s pro-crypto mining stance.
“Kentucky was the first state, in my opinion, in the United States to pass a House and Senate bill that actually incentivised bitcoin miners with tax and other initiatives,” Jappa said.
Kentucky had about 12.4% of Foundry USA Pool's U.S.-based bitcoin (BTC) mining hash rate, the second highest after Georgia’s 34.2%, according to a March 2 tweet from Foundry. Foundry is a subsidiary of Digital Currency Group, which is the parent company of CoinDesk.
“Kentucky also boasts low cost power and sustainable energy sources as well as a good climate for mining operations,” Jappa said.
Blockware doesn’t provide its power costs but according to the Global Energy Institute, in 2020 average retail electricity price in the state was $0.0856 per kilowatt hour, compared to $0.0858 in Texas and $0.149 in New York.
Blockware’s data centre is located on the eastern Kentucky and western Virginia border, where its mountainous climate is cooler, said Jappa. A colder climate, as seen in places like Canada, Norway and Sweden, helps with the air cooling of the mining rigs without requiring additional costs for temperature management.
“Blockware has deployed mining computers, including Bitmain’s S19s and WhatsMiner M30S++, at the new site. Future batches of S19 XPs planned for later in the year,” Jappa said.
Disclaimer: DATACENTRE.ME may not be held responsible or liable for the content or details within this news article.
For further information, please refer to the full details of this article via the original source here.