Cryptocurrency co-location data center in St. Louis, MO USA
This facility is the first joint venture between a high density data center and a co-generation power company in the USA.
High density mining creates intense heat, the cooling of which is a major cost to competing mining operations. At NSDQ, Ashley Energy will capture the heat from the mining farm and funnel that energy towards the plant’s thermal operations. Ashley Energy anticipates a 30-40% BTU recovery which will preheat water headed to the steam turbine's boiler. usage due to this renewable energy source.
Cryptocurrency mining centers are typically housed overseas due to cheaper electricity costs. As part of the joint agreement, Ashley Energy will forward power credits to NSDQ Mining for the recaptured energy making this American cryptocurrency mining center environmentally efficient. Another advantage of building the mining center within Ashely Energy is the operations will be independent of the power grid and not subject to transmission interruptions.
* NSDQ Mining expects to make the "Opportunity Zone Fund" election as a US taxpaying entity. More information on Opportunity Zones can be found here.
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