Netsolus Plans To Bring 20 Megawatts Online For Bitcoin Mining Center
Netsolus is quickly gaining traction in the digital currency world by hosting custom made gears for the rising network. Based in Kansas City, 75% of the profits for the company are coming from bitcoin customers. The thriving company is now creating custom data center for big industrial mining customers.
The company is thirteen years old and has, in past, focused on colocation and managed services. It found the bitcoin market through its connection with a Kansas City company that created custom ASIC hardware for mining digital currency called Butterfly Labs.
Bryan Ballard, the Chief Technology Officer at Netsolus, commented on the company’s vision and plan for its consumers at the Inside Bitcoins NY conference.
“We’re going to be bringing close to 20 megawatts online.”
Ballard also explained that they are seeing more demand from the industrial miners.
Netsolus is amongst the great examples of data center providers taking advantage of the digital currency phenomenon. It is creating a business revolving around the needs and demands of the digital currency community. The company has made certain alterations to meet and accommodate the requirements of mining hardware processors. Mining hardware setups consist of custom chips called Application Specific Integrated Circuits aka ASICs that are constantly running and at the same time crunching data for producing bitcoins.
The new facilities used by the company will be different than its primary data center based in Oak Tower, an earlier center for AT&T in Kansas City. The bitcoin mines that Netsolus plans to build will feature lower tier facilities that are in contrast to the traditional raised floors and repeated power infrastructure. Instead, it will have powered shells with block floors filled with custom ASIC system on the shelves.
Currently, Netsolus has five data centers and additional custom bitcoin mining sites tallying to approximately 3 megawatts of power capacity.
Netsolus remains reserved and judicious about the details regarding the growing sites and the consumers are happy with that. Ballard stated that the company keeps the locations of the sites a secret and they all have codenames. He further revealed that there are twenty employees in the company and only three of them know where all the centers are located.
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Image via Netsolus