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D Coin and DC Two to build the first ever “behind the grid” renewable energy powered Data Centre in Australia specifically for Crypto & Bitcoin mining

  • Published September 10, 2018 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

KEY TAKEAWAYS:

  • D Coin & parent company DC Two, have formed an agreement with Hadouken Pty Ltd to provide them with the power and property to build its next data centre
  • The data centre is being built in Collie
  • This will be the first dedicated data centre facility in the south west of WA and the first “behind the grid” data centre in Australia powered primarily from renewable energy sources
  • It is anticipated that the first stages of the solar farm and the data centre will be online early in 2019
  • DC Two has been working closely with Optus to provide high speed (10gbps+), high capacity, fully redundant communications options linked from the Collie site back to DC Two’s Perth Data Centre Network (PDCN)
  • The Group is currently finalising its fund and capital raising activities for the project whilst engaging with seed and cornerstone hosting customers

D Coin and its parent company DC Two (www.dctwo.com.au) are pleased to announce, following detailed & successful negotiations Hadouken Pty Ltd, that an agreement is in place to provide the Group with the power and property to build its next data centre.

The data centre is being built in Collie, 200km south of Perth, and will have specific hosting zones to enable low cost hosting specifically designed for crypto and Bitcoin mining and high redundancy zones for traditional IT workloads.

This will be the first dedicated data centre facility in the south west of Western Australia and the first “behind the grid” data centre in Australia powered primarily from renewable energy sources.

Hadouken’s solar farm in Collie was strategically selected as it brings together many factors enabling us to provide globally competitive power to our customers, whilst adding much needed local demand for base load power for the existing coal mines and power generators in the region.

It is anticipated that both the first stages of the solar farm and the data centre will be online early in 2019.

Key points the data centre will address:

  • Globally competitive power rates
  • The lowest cost highest density data centre in Australia (up to 256 IT racks each capable of up to 30kw of IT load)
  • Renewable energy focus
  • First stage power supply of up to 4 Megawatts
  • Customised hosting configurations for low cost crypto mining up to fully redundant traditional data centre configurations
  • Communications options of 10gbps or more

By providing customised low cost hosting options specifically engineered for crypto currency and Bitcoin mining at globally competitive rates, DC Two & D Coin have been able to attract the interest of both the local and international crypto mining community. This is very important for the state and the country as it enables us to provide another export product by hosting and supplying power to international customers in the Collie data centre, who might have otherwise located their equipment overseas.

For traditional data centre customers where communications are critical, DC Two has been working closely with Optus to provide high speed (10gbps+), high capacity, fully redundant communications options linked from the Collie site back to DC Two’s Perth Data Centre Network (PDCN).

The PDCN can currently be accessed at multiple data centre locations in Perth. This unique capability will provide quick and easy low latency connectivity for customers while allowing for shortest path connectivity to Singapore & Asia via Vocus’ upcoming new subsea cable.

The Group is currently finalising its fund and capital raising activities for the project whilst engaging with seed and cornerstone hosting customers to enable the project to proceed on time to completion.

 

About D Coin

D Coin is a unique vertically integrated digital currency business, owned and operated in Australia offering a digital asset investment fund open to retail, wholesale and commercial investors.

The fund operates in the digital asset realm combining multiple proprietary activities across technology, financial markets and cryptocurrency, fully immersing our investors into the fastest asset growth class available.

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