20MW Solar Farm Place to Power Crypto Mining in Rural Australia

Hadouken expects to have completed the construction of the facility. The facility’s construction is expected to employ a work force of 40-80 individuals. Despite the recognition of the project’s benefits, media has reported that some locals expressed concerns that the website may contain an eyesore.
The website of the anticipated solar farm is approximately 2 kilometers (approximately 1.25 miles) north of Collie — a rural city situated 213 kilometers (approximately 132 kilometers) south of the Perth, the state’s capital. Collie is currently home to Western Australia’s biggest power generator a coal-fired power station capable of producing 854 megawatts of power.

Reports have suggested that planning approval has been granted for a 20-megawatt solar power system that will be utilized to power cryptocurrency mining and also a data centre in Collie, Western Australia.

Hadouken’s program indicated that the company plans to put in a battery storage platform set with the facility set to be assembled within three to 6 weeks on an eighteen-hectare website in future, in ten transport containers.

Also Read: Bitcoin’s Near Term Fortunes: “Inflows of Major Cash,” New Indices Emerge 

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Approved 20MW Solar Farm Set to Power Crypto Mining in Rural AustraliaThe program for the solar plantation has been made a by Hadouken Pty Ltd, which is owned by Australian Ben Tan. Mr. Tan formerly uttered Nasdaq-listed global solar energy business, Vivopower International PLC.. The solar park is going to be utilized to power cryptocurrency mining activities and a data centre. The Southern Development Assessment Panel advocated approval for the plantation.
Approved 20MW Solar Farm Set to Power Crypto Mining in Rural AustraliaFor sixty years, Collie’s two coal mines had been responsible for generating 60 percent of Western Australia’s coal-fired power. Recent years has seen the future of city throw in doubt, with the Australian Broadcasting Corporation quoting an international politician as stating that “The price of production is greater than the yield in the coal itself so that is actually the foundation of the issue and after so long a parent firm’s likely to say enough’s enough.”

Published at Sun, 29 Apr 2018 05:00:58 +0000