News Release Posted by KHGI, Fox Nebraska
KEARNEY, Neb. — A $7.65 million dollar data center will be coming to Kearney, the city and Economic Development Council of Buffalo County announced Tuesday. The city said Compute North, based out of Eden Prairie, Minnesota, has entered into an agreement to begin construction on five acres at the Tech oNE Crossing technology park and create 10 new full-time technology and security jobs . . . The Kearney City Council will consider the development agreement for approval at its regularly scheduled meeting on Tuesday June 11, at 5:30 p.m. in the City Council’s chambers. Read more here.
Compute North’s colocation services include renewable energy: “Cost-competitive infrastructure powered by a broad mix including low-cost renewable energy.”
Compute North’s FAQs Include:
What is cryptocurrency and how does mining work?
Cryptocurrency is a computer-generated monetary system. It’s created by specialized, powerful computers called “miners,” which compete mathematically to secure “transactions.” The transactions are bundled into a “block,” which the cryptocurrency miner digitally verifies to assure the validity of all transactions. The miner computes a “cryptographic hash,” a computerized method to ensure the block’s validity and prevent invalid block construction. Blocks are accumulated and accounted for in the blockchain, functioning as digital ledgers. Miners are rewarded for their transactions with a set amount of cryptocurrency.
How does Compute North economize on energy consumption?
Crypto mining computers require significant energy. Compute North has established facilities where energy costs are low. We also partner with renewable energy companies to conserve energy and lower costs. Our data centers are in geographic locations where the innovative use of ambient cooling technologies further reduce costs for our mining operations.
Photo by SoCore Energy: Kearney’s solar farm located in the city’s technology park, Tech oNE Crossing. The array generates 5.8 megawatts of electricity, or about 5% of Kearney’s peak demand.
Developer: SoCore Energy
Installer: Interconnection Systems based in Central City, Nebraska
NPPD’s SunWise Community Solar Program