Hunter Valley coal fired plant to power blockchain applications

IOT Group will build a blockchain centre inside the Redbank coal-fired power station in New South Wales Hunter Valley to provide cheap electricity for blockchain applications under an agreement it has signed an agreement with Hunter Energy.

Hunter Valley coal fired plant to power blockchain applications Hunter Valley coal fired plant to power blockchain applications Hunter Valley coal fired plant to power blockchain applications Hunter Valley coal fired plant to power blockchain applications Hunter Valley coal fired plant to power blockchain applications

IOT blockchain operations will be located at the Hunter Energy power station in the Hunter Valley.

Under the deal, the blockchain centre will have direct access to wholesale electricity prices to avoid additional costs from the retailer, transmission, and being connected to poles and wires -