United American Corp’s Blockchain Data Centers (BDC) Inc. has announced a CD$21 million agreement to expand its existing Hosting Service with a Vancouver-based technology company.
The announcement followed the performance and efficiency of the BDC’s first BlockchainDome which has made their customer quadruple it original agreement, said UnitedCorp’s President Benoit Laliberte.
According to the new agreement, BDC will increase hosting of the company's mining rigs from 1,000 to a total of 4,000.
Implementation has started
Initial financial advances per the agreement has already been released to BDC and the company said it has commenced construction to increase its BlockchainDome Heat Station capacity. The first additional mining rigs are expected to be online in August as they expect to receive further scheduled advances based on implementation milestones over the next 2 months.
BDC said it will continue to develop plans for its retail operation which will provide clients with miners and space in its BlockchainDomes as well as turnkey-managed mining services to individuals. It said its retail operations will launch later this year.
The BlockchainDome Boasts Proprietary Technology
The UnitedCorp's BlockchainDomes utilize a proprietary passive cooling ground-coupled heat-exchanger technology which provides a highly efficient cooling solution for high-density mining operations which contain some of the hottest running computers in the world.
The technology uses Canadian well and chimney effect principals, combined with a technique which utilizes Negative Air Pressure Mining Rig docking station adaptors, another proprietary technology. This process takes surface air and cools it naturally without electricity via a passive subterranean heat exchange system. The cool air is then heated as it cools cryptocurrency mining rigs and this heat is used to support large scale greenhouse agricultural operations through the BlockchainDome heat generation system which can keep greenhouses in excess of 25oC year round.
The productivity and efficiency of the UnitedCorp’s BlockchainDomes is said to have a significant competitive advantage over traditional ‘Bricks and Mortar' installations that rely on active cooling systems and the company is targeting a 23-30% reduction in total cost of ownership.