Bitcoin mining equipment company KnC Miner has begun construction on its new facility in Boden, about 10 miles down the road from Facebook’s server farm in Lulea. The data center is being built in a facility previously used as a helicopter hangar for the Swedish armed forces. It will be retrofitted to house thousands of custom Bitcoin mining rigs built by KnC Miner, one of a host of new vendors that has emerged to serve the growing market for Bitcoin hardware.
KnC Miner is based in Stockholm, Sweden and has established a leadership position in Bitcoin mining rigs powered by ASICs (Application Specific Integrated Circuits) to crunch data for creating and tracking bitcoins. The company says it has sold $75 million in hardware since June, with customers in 120 countries.