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Australia puts green signal to set 20MW Solar Farm to Power Crypto Mining

Australia is a way up to set up 20 MW Solar Farm, intends to power crypto mining and data center in Collie, Western Australia.

Since the major market players and businesses in Australia are focusing on potentials of cryptocurrency and its high net worth, Hadouken Pty Ltd, owned by Australian Ben Tan. Mr. Tan is planning to set up 20 MegaWatt Solar Farm to power crypto mining operations in Collie, Australia. Mr. Tan was previously co-founded Vivopower International PLC which was the Nasdaq-listed International solar power company.

Collie – an excellent spot for a solar farm

Bitcoin mining operation and a data center require massive investment to manage electricity cost, location, and cooling. Concerning Australia’s climate, particularly Collie, a rural town in Australia, best known for its coal mining activities, Mr.Tan has submitted an application to organize a 20 megawatt Bitcoin mining operation in Collie. Application screening shows that the company may install a battery storage system in ten shipping containers in future. Moreover, on an across eighteen-hectare site, the firm intends to begin solar facility within the period of three to six months. Since the planning approval has already been obtained, the new set up of the data center will spread across a site of approximate 2 kilometers (approximately 1.25 miles) north of Collie.

It’s quite confusing for many people as to why Hadouken Pty Ltd opts Collie for Bitcoin mining operations. But the research explained, Collie is also a home to Muja – a coal – which is a Western Australian’s largest power generator, producing 854 MW of electricity. According to Tan, this town is an “excellent spot for a solar farm”. However, the reasons are clear – citing renewable energy on focus, Collie owns a great solar resource and has coal mining history which lets Tan and his company to move forward on Collie with Bitcoin mining operation.

In addition, the approval statement waves a positive ride – and the application states

“Approval and implementation of the proposal will also be a positive contribution towards establishing a greater presence of the renewable energy sector within the Shire of Collie.”

A new Trend Emerges with New Employment

Hodouken plans to hire a workforce of 40-80 individuals –to complete the construction facility within a period of three to six months. On top, three-part time workforce will be hiring for the maintenance task in coming days.

Local Media reported that the company will mine Bitcoin in addition to “other cryptocurrencies”.

Renewable energy on Bitcoin mining operation is quite a good idea and Mr.Tan’s effort on setting up 20MegaWatt Bitcoin mining operation is likely a great move for Bitcoin and alternative currencies.

What’s your opinion on using renewable energy to set up Bitcoin mining data center? Let us know on Twitter

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Tabassum M

A research has got to come out with her writing. She writes, research and share frequent updates and trading guide. Tabassum is guest content writer at Coinpedia and contributed her effort to many other crypto blogs online.

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