The containers could be placed anywhere with access to power. The operation shaves costs off of a typical brick-and-mortar data center set-up, but it will require effort to make the shipping container idea work. The company will need to find an affordable way to power the 10, machines it plans to purchase and regulate their temperatures — especially in the desert. Hunt said the main draw to Nevada was legislation that Gov.
Brian Sandoval enacted last year, giving legal recognition of the use of blockchain technology for electronic records, signatures and contracts, and banning local governments from taxing blockchain use. Scientific Games is looking to expand in Southern Nevada, adding employees to its current staff of 1, over the next three years. Cascade Financial Technology Corp. It also has developed a prepaid card that allows bitcoin users to pay with bitcoin for products or services in dollars.
The company started in Chatsworth, California, in and moved its operations to Nevada in Contact Nicole Raz at nraz reviewjournal. Follow JournalistNikki on Twitter. Bitcoin mining entails setting up machines specifically to use software to solve math problems; they help to ensure valid record-keeping of all bitcoin transactions in general. In exchange for being the first miner to correctly solving a math problem, a certain number of new bitcoins are issued to the bitcoin address associated with the mining machine that succeeded.
There is a finite amount of bitcoin — 21 million — available to be mined; about 17 million has been mined so far, according to Neeraj Agrawal, director of communications at the Washington, D. Unsubscribe at any time. Don't miss the big stories. Like us on Facebook. Michael Brown, director of Gov. CleanSpark, Inc. We have a suite of software solutions that provide end-to-end microgrid energy modeling, energy market communications, and energy management solutions. Our offerings consist of intelligent energy monitoring and controls, intelligent microgrid design software, middleware communications protocols for the energy industry, energy system engineering, and software consulting services.
Through its wholly owned subsidiary ATL Data Centers LLC, CleanSpark owns and operates a data center that provides customers with traditional on-site and cloud-based data center services. CleanSpark plans to apply its technologies with a goal of mining bitcoins at the lowest energy prices in the United States.
CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on CleanSpark's current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by CleanSpark that any of our plans will be achieved.
Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including, without limitation: the successful integration of ATL into CleanSpark, the closing of the transaction, the fitness of our energy software and solutions for this particular application or market, the expectations of future revenue growth may not be realized, ongoing demand for our software products and related services, the impact of global pandemics including COVID on the demand for our products and services; and other risks described in our prior press releases and in our filings with the Securities and Exchange Commission SEC , including under the heading "Risk Factors" in our Annual Report on Form K and any subsequent filings with the SEC.
You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of Subscribe via RSS.
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