EVOBITS
86 it ’ s now in your company name , or strategy ,” he says . “ It ’ s just not made for that .”
As Evobits IT continues to develop the programming technology behind cryptocurrencies , currently working on a beta stage payment system for the transfer of funds , the company is significantly expanding its data centre capabilities .
Evobits IT currently has a couple of data centres finished and operational : a 1 MW facility and a highly efficient 3.5 MW facility , for a total of 4.5MW . By the end of this year , Evobits IT hopes to expand this further by adding an extra 15 MW before looking to build another facility in excess of 20 to 30 MW , but this is something that Silviu admits is “ further down the line ”.
As with most data centres all over the world , location is king . “ Location can be split into two important areas – proximity to utilities such as power stations and fibre for network connectivity ,” says Silviu . “ But we also need to be located near a major city . This helps bring in a workforce and if it ’ s near an international airport , this opens new doors in terms of attracting clients .”
Attracting clients is crucial . Silviu notes that the cryptocurrency market is very opaque , meaning it is susceptible to scams . To this end , Evobits IT will invite potential partners and clients to its data centres in order to
FACT
Extremely efficient data centres allowing us to achieve a PUE of under 1.10 . Very low temperatures for the GPUs : an average of under 50C . Individual Miner control with auto-balancing software : if a miner goes offline , another is automatically assigned to take its place . Highly efficient mining system : from custom BIOS that maximizes power efficiency to custom mining software that lowers “ uncles rate ” to under 15 % ( the average is over 25 %)
JULY 2018