Blockchain Tech Provider Bitfury Gains Government Approval For $35 Million Norway Datacenter

Originally posted to Coin Telegraph by William Suberg.

Blockchain technology company Bitfury announced it will open an “energy efficient” datacenter in Norway March 20 in a deal with the blessing of the government.

In a blog post, the business confirmed it would open two sites around the town of Mo i Rana, investing 274 million kronor ($35 mln) in infrastructure and hiring 30 employees.

The move comes at a time when Bitcoin mining in particular is under scrutiny for its environmental impact and wasteful manufacturing process.

Commenting on the datacenter, Norway’s Minister of Trade and Industry Røe Isaksen said he was “delighted” Bitfury had opted to set up in the country.

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