Bitfury to Launch Datacenter in Norway

According to official blog, Bitfury invests $35M in datacenter's infrastucture
20 March 2018   278

The Bitfury Group reported in official blog on the opening of new datacenter in Mo i Rana, Norway.

Bitfury Press Conference
Bitfury Press Conference

Bitfury claims that datacenter will provide 30 new job openings and is investing about 274 million NOK (35 million USD) in the datacenter’s infrastructure.

Norway is a perfect match for Bitfury’s focus on innovation and growth. We look forward to identifying new customer relationships and designing the products and solutions they need to make their enterprises run more securely and efficiently.
 

Valery Vavilov

CEO, Bitfury

As Bitfury reports, on average, the power usage effectiveness (PUE) in the datacenter is 1.05 or lower, making it one of the world’s most energy efficient.

I am delighted that the Bitfury Group has chosen to establish their new data center in Norway and Mo i Rana. Data will become an increasingly important resource for the business community as well as for society in general. This represents a major economic opportunity for Norwegian businesses. The datacenter industry is growing fast, and provides Norway with opportunities of economic growth and new jobs.
 

Torbjørn Røe Isaksen

Minister of Trade and Industry, Norway

Bitfury is purchasing about 350 GWh of 100% renewable energy per year from local supplier Helgeland Kraft.

Australia joins the crypto-discussions arena with Bitcoin & Blockchain Fair

The inaugural Bitcoin and Blockchain Fair will be presented at the Sydney Showgrounds on May 12-13 with an all-round program about cryptocurrency and blockchain
21 April 2018   24

A high profile event in cryptocurrency and blockchain is coming to Sydney, Australia on May 12-13 – Bitcoin and Blockchain Fair. The conference will provide a platform to interact and discuss on all areas of the cryptocurrency and blockchain technology sectors (fintech, investment, venture capital, regulation, ICO, etc.), current opportunities and perspectives in the form of a Forum and an Exhibition Showcases.

The Exhibition Showcase that will allow to exhibit showcases and engage with crypto services providers, government and fintech startups. Forum is the bulk of the conference and is comprised of 2-day sessions to allow international speakers and industry leaders of the crypto and blockchain sectors a chance to share their expertise. May 12 is focusing on cryptocurrency and ICO engagement; May 13 wil cover blockchain technology overview, case studies, solutions and future trends.

The fair is organized by ABF Business and Principal Sponsor Coinspot. Exhibitors and Speakers include attendees from Asia, Europe and USA together with key Australian high profile crypto & blockchain enterprises. The full agenda of the event can be found here.