KnC Miner to build 10 MW datacenter in The Node Pole
February 2014 by Marc Jacob
Global Bitcoin mining equipment company KnC Miner is currently in full progress setting up a 10 MW datacenter in The Node Pole region, near the Arctic Circle in Sweden. The operations are to be run from Boden – a town in close vicinity to Facebook’s European datacenter - in a facility previously used as a helicopter hangar for the Swedish armed forces. The datacenter is to be used for cloud services and for hosting of specialised Bitcoin mining hardware to a global client-base.
KnC Miner founded less than a year ago in Stockholm, Sweden, is a provider of hardware used in the mining of the digital currency Bitcoins. The company have US$ 75 million in turnover since June. The company reportedly has customers in roughly 120 countries. In order to be able to provide to the rapidly growing market, KnC Miner-spokespeople now state that the company will expand their portfolio by providing large scale, cloud based hosting of mining services from large company owned datacenters located in Sweden.
We searched all over the world for a suitable place to build the first of many of our own mega datacenters, and to find the best location lying right here in our home country is fantastic. Our highly advanced technology consumes a lot of energy, so for us it was imminent to find a production site with access to renewable yet stable and safe energy, says Sam Cole one of the co-founders at KnC Miner. We have had an incredible amount of support from The Node Pole representatives, local companies and the government here in Boden.
The decision to settle in the far north of Sweden was based on the great conditions that the location provides for hosting businesses. The Node Pole region is well-renowned for its access to an abundance of stable and competitively priced electricity from renewable energy. The region also houses several technically advanced service providers in a facilitating business community, which has recently been strengthened further by Facebook’s establishment in the region
Given that our business is in the digital mining sector it is also particularly suiting for us to setup operations in a community rooted in crude material mining, and today characterised by its budding technology sector, ends Sam Cole.
KnC Miner commenced building the facility only five days ago, but expects it to be fully operational already within the next few months. There are around 30 people working around the clock with the setup in order to ensure no time is wasted. KnC are also already in discussions with local authorities regarding the establishment of even larger facilities in the local area already later this spring, which would then bring even more business to the local community.