Blockchain infrastructure firm Northern Data announced today it has signed 180 MW of capacity with a new customer.
The company revealed that its most recent customer is a Bitcoin mining operation backed by Blockchain Powerhouse Block.one with an initial 180 MW volume and an upsize option to 300 MW, which Northern Data signed today and which shall go live in early 2021.
“Block.one’s focus on leveraging EOSIO to bring increased scalability and transparency to the greater blockchain industry led us to Northern Data and their strategic market positioning and strong leadership. We’re excited to be collaborating with them to introduce unprecedented Bitcoin mining solutions, powered by EOSIO,” Brendan Blumer, CEO of Block.one, said.
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“We are pleased that Block.one is convinced of our services and that we have won the company as another blue-chip customer. The unique infrastructure for HPC applications, which we operate from Texas on this scale, is a magnet for large customers who place high demands on the time and cost efficiency of their HPC applications,” Aroosh Thillainathan, CEO of Northern Data AG added.
Northern Data noted that it continues to see strong demand for its HPC solutions, fuelled by the boom of online business models as well as the increased market adoption of financial related Blockchainapplications like Bitcoin mining, one of the major tasks Northern Data’s clients are performing with the HPC capacities provided.
Block.one is a global software company specializing in high performance blockchain software. In 2018, it published EOSIO, a free, open-source protocol designed to bring speed, scalability, and ease of use to the secure and transparent fundamentals of distributed databases. Block.one’s social platform Voice aims to redefine social media by cultivating creation, sharing, discovery and promotion of content by real users. Block.one’s venture capital arm, EOS VC, invests in companies, projects, and developers around the world leveraging EOSIO technology.