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blockchain business Soluna prepares to construct a 900- megawatt wind farm in the Dakhla, Morocco- administered Western Sahara to power its blockchain center, Reuters reportedThursday
The building and construction will begin in 2019 and is arranged to be finished in 5 years, with the possibility of linking power from the farm to Morocco’s nationwide grid, Soluna CEO John Belizaire informedReuters Completion of the center will supposedly cost $1.4 billion to $2.5 billion.
The website will supposedly be 37,000 acres in among the windiest environments, which is best for a wind farm powering a big blockchain computing center that needs substantial quantities of electrical energy.
Belizaire informed Reuters that Soluna will not trade cryptocurrency in Morocco due to regional authorities’ cautions about utilizing the currency, however it will support blockchain networks by providing estimation capabilities to foreign business in exchange for foreign currency.
At this point, who isn’t mining cryptocurrency? Even Google co-founder Sergey Brin stated previously in July that he was mining Ethereum.
Soluna is likewise supposedly backed by Brookstone Partners, a United States personal equity company, and might search for big institutional financiers in the future.
Soluna and the Moroccan Embassy didn’t react to ask for remark.
