As Mining Demand Grows, Data Center Firms Begin Accepting Bitcoin

datacenters31 May 2014 / Data Center Knowledge – Cryptocurrency businesses can now use Bitcoin to purchase large chunks of data center space for their mining operations. Wholesale data center developer Server Farm Realty and colocation specialist C7 Data Centers each announced this week that they will accept customer payments in Bitcoin, the digital currency seeking to move from novelty status to payment platform.

The two companies’ decision to accept Bitcoin is the latest signal that the data center industry sees an emerging opportunity in catering to the hosting needs of crypto miners, who typically seek high-density space with cheap power.

C7 Data Centers, which is based in Salt Lake City, currently has about 4.5 megawatts of capacity dedicated to Bitcoin customers, according to CEO Wes Swenson. The company just brought an additional data hall online to accommodate the demand from Bitcoin-related firms, which includes miners, transaction processing firms and cryptocurrency startups…. Read More

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