European Data Center to Test Crypto Mining

Crypto Mining Test

A report from Emerce last May 31st indicates that Holland-based ITB2 Data Center has set up a cryptocurrency mining lab for Bitcoin (BTC) and Ethereum (ETH).

The lab aims to test the impact of blockchain technology regards energy consumption and infrastructure cooling.

The crypto mining lab will be housed in ITB2 Data Center’s Apeldoorn site, which opened in 2013 and has a power usage effectiveness (PUE) value of 1.08 according to reports. PUE is a ratio that measures the efficiency of a computer data center’s use of energy.

The director and owner of the ITB2 Data Center Niels Hensen said they decided to test crypto because it is the most well known and most common application of blockchain tech at the moment, and the profit earned from crypto mining will help offset the costs of running the lab.

He also added:

“In order to remain innovative in the area of ​​data center technology, however, you must always keep looking at new technological developments. For our current and future customers, we would, therefore, like to know what the use of blockchain technology means for the data center infrastructure.”

The effects of crypto mining are hotly contested, with some seeing it as harmful and wasteful while others contend it is a non-issue.

Last May, an article from economist Alex de Vries reported that bitcoin mining alone is set to use about 0.5 percent of the world’s energy by the end of 2018. He noted that second layer solutions such as the Lightning Network can help minimize the problem. In Iceland, meanwhile, energy consumption from crypto mining will overtake the amount of energy used by households this year.

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