The decision was officially announced during a Norwegian press conference on March 20. As part of the cooperation, the blockchain company plans to build a data center and hire about 30 local employees to run it. Bitfury intends to invest about $35 million in the project
Bitfury CEO Valery Vavilov announced that the new data center will be built in the city of Mu i Rana, with the support of the city's mayor, Geir Vaaj, and several local business leaders. Bitfury also decided to purchase energy from renewable sources in the amount of 350 GW every year.
“Norway is the ideal location to focus on Bitfury’s innovation and growth. We look forward to new customers and developing the products and solutions they need to make their businesses safer and more efficient,” says company CEO Valery Vavilov.
Thorbjørn Rø Ixaksen, Norway's Minister of Trade and Industry, sees great promise in the partnership with Bitfury.
“The data center will become... an important resource for both the business community and society as a whole. This represents a major economic opportunity for Norwegian businesses. The data center industry is growing rapidly and provides Norway with opportunities for economic growth and new jobs,” says Iksaksen.
According to http://bitcoinist.com
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