An Australian information center operator and its cryptocurrency subsidiary are creating what they describe as the country’s 1st “behind-the-grid information center” powered by renewable electricity.

Situated in the coal-mining town of Collie, some 200km south of Perth, the new facility is staying made by information center operator DC Two and subsidiary D Coin and will be powered by a solar farm created by a enterprise known as Hadouken, IT Transient stories.

With the important objective of competitive power charges by way of primarily renewable resource, the enterprise statements it will offer the cheapest charge and greatest density information center in Australia. The information center will notably offer unique zones tailored to host cryptocurrency mining functions.

“By offering customised lower charge internet hosting choices specially engineered for cryptocurrency and Bitcoin mining at globally competitive charges, DC Two & D Coin have been capable to catch the attention of the interest of both of those the area and global crypto mining community,” the enterprise mentioned.

The 1st phases of the information center and the solar farm will attract an expected power supply of up to 4 megawatts and is will take condition in early 2019. At this stage, the two installations are expected to support 256 IT racks whereby each and every rack is capable of delivering up to 30 kw of IT load.

By its crypto-mining internet hosting subsidiary D Coin, DC Two underlined its intent to cater to crypto mining functions.

The enterprise mentioned:

In comprehensive crypto mining configuration, applying the preliminary 4MW power availability, the information centre could mine about 650 bitcoins for each annum well worth all-around $6 million based on present-day mining and exchange charges.

The endeavor is the second instance of a proposed ‘behind-the-grid information center’ in Australia, both of those taking condition this calendar year. In Might, Sydney-based blockchain company IoT Team – a enterprise shown on the Australian Securities Trade (ASX) – introduced a conditional binding settlement with the domestic vendor of bitcoin mining hardware large Bitfury to commence a crypto mining operation.

The conditional phrases, specially, relates to a proposed mining center created within a decommissioned coal plant – the Redbank power station in Hunter Valley, New South Wales. The AUD$190 million deal is contingent on the successful acquisition of the power station.

Highlighted picture from Shutterstock.

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