Northway Mining Signs $6,480,000, 2-Year Data Center Hosting [...]

Northway Mining Signs $6,480,000, 2-Year Data Center Hosting Contract With Proof Computing

📅 August 12, 2018 - Mining Power Group's majority-owned subsidiary, Northway Mining (northwaymining.com) which offers highly specialized data center hosting services for cryptomining and is located in Athens, NY, has signed a 2-year, $270,000 per month hosting contract with Proof Computing, a U.S.-based firm which will yield approximately $6,480,000 million in revenues to Northway Mining over the two years.

The data center hosting contract encompasses the hosting of about 3,150 miners, including up to 25,000 GPU's, projected to consume about 5 MW hours of electricity per month. Under the terms of the contract, Proof Computing is paying a $540,000, or two-month, advance deposit for the hosting services which [...][... Check source for end of article ...]

Tags: Data Center News cryptomining Dror Svorai Michael Miranda

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