Etix Blockchain Builds Not One but Two Big Crypto Mining Facilities In Iceland

Two Big Blockchain Facilities Launched In Iceland By Etix Blockchain

A nascent department of Etix Group, also known as Etix blockchain declared that it has launched dual newfangled blockchain office blocks in Iceland. The office blocks are situated close to Reykjavik, Iceland’s capital city. Another office block is located in Blonduos, which is in the northern part of Iceland.

In both of the two locations, the facilities are up and running, with more buildup expected to be in completion before the close of this year. In line with the framework of Etix Group’s global strategy, the firm decided to buy majority shares in Borealis Data Center, which is a firm that focuses in HPC as well as blockchain services. It is expected that the firm will be given a new name, Etix Everywhere Borealis.

A new entrant in the industry

As a result of the advancement of the IT business, the firm decided to unveil Etix blockchain, which is a department that will be focused on offering co-location services for both HPC as well as blockchain applicants. The same will be dedicated to mining as a provision capability.

Due to the increased use of the innovative blockchain technology in the investment and fiscal industries, Etix Group is looking forward to hosting substructures of greater standards, even as they provide the services at competitive prices. Etix blockchain will take advantage of the expertise which is established by Etix Everywhere for the information center space. This is in addition to the safety products created through Etix Labs.

For the sake of guaranteeing an effective execution of the project in Iceland, Etic Group has bought 55% stake of Borealis Data Center, which is a revolutionary firm involved in the provision of HPC as well Blockchain services for the past four years.

As a result of its snowballing of data center imprints in Iceland, the firm has now become a key location for IT services. The collaboration between the two firms will go a long way in expediting the expansion plans of Etix Blockchain.

The appointment of Antoine Gaury to spearhead Etix Blockchain will help in leveraging his industry understanding to enlarge the imprints of the firm globally. Iceland is an ideal site for very effective facilities.

Consequently, the firm will greatly benefit from the knowledge that Borealis has on the Icelandic marketplace as well as from their proficiency of working on highly effective facilities over the past four years. As a result of the high demand for global institutional clients who are building long-standing key investments in Blockchain and HPC, both of two campuses of blocks are currently sold out.

Iceland's Booming Bitcoin Mining Activity Could Transition Into Even More Benefits

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