Etix Blockchain opens two large scale Blockchain facilities in Iceland

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Etix Everywhere Borealis

Etix Blockchain, a new division of Etix Group, has opened two new Blockchain facilities in Iceland. The buildings are located in the capital area of Reykjavik (10 minutes away from the international airport of Keflavík), and in Blönduós (located in the north of the country). In both locations the first facilities are already operational, and additional buildup will be completed by year’s end. As part of its global strategy Etix Group acquired a majority stake in Borealis Data Centre, an Icelandic company specialized in HPC and Blockchain services. The company will be renamed Etix Everywhere Borealis.

Following the evolution of the IT industry, Etix Group decided to launch “Etix Blockchain”, a division dedicated to provide colocation services for HPC and Blockchain applications and mining as a service capacity. As the banking and financial industry is becoming increasingly invested in the Blockchain field, they are looking for hosting infrastructures of higher standards, still offering a competitive price. Etix Blockchain benefits from the expertise developed by Etix Everywhere for the data centre industry but also from the security products developed by Etix Labs.

Etix Blockchain will further benefit from Borealis’ knowledge of the Icelandic market and from their expertise of operating efficient facilities since 2014.

“Iceland is a strategic location for HPC and Blockchain facilities thanks to its reliable and economical energy and its cool climate.” explained Björn Brynjúlfsson, CEO of Etix Everywhere Borealis. “According to international studies the country is among the safest data centre locations on the planet and produces 100% renewable energy. These ideal conditions enable us to offer competitive solutions for HPC and Blockchain infrastructure.”

The current facility buildup is scheduled to be completed by end of the year 2018, at which time the two campuses combined will offer hosting capacity of about 30,000 servers.

Due to demand by international institutional customers that are making long-term strategic investments in HPC and Blockchain the two campuses are already sold out.

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