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Over the course of 2018, about 500MWe will be available and is expected to increase to about 750 – 1,000MWe in 2019. It is estimated that by the end of 2021 Power Block will grow to about 2,000MWe in power supply capacity.
The current power supplies from Power Block are among the lowest electricity prices of any stable, industrialized country in the world. The price of the electricity is dependent on the location, the amount of electricity purchased, and the type of generation. Each supply of electricity will be unique and quoted based on the customer’s specific requirements. Entitles miner to a 5-10 year power contract at the indicative prices below:
1-100 mining servers5.0 cents (USD) per kWh
Large blockchain mining operations over 100 servers are negotiated on a case by case basis
Prices are subject to change until contract is executed
Typically 5-10 years. The contracts are varied, based on the location and power generation portfolio supplying the contract.
Power Block is negotiating with miners, via bi-lateral or two party contracts, for the power capacity. Significant portions can be used now for mining. To begin mining please contact Power Block and you will be directed to the appropriate person to make arrangements.
The first locations will be made public December, 2017. Currently the locations are all in the United States.
Green Revolution Cooling currently has rapid deployment shipping container solutions available now. Power Block can make any necessary introductions to get your order started.
Power Block Exchange is expected to go live second quarter of 2018.
It is a native protocol coin in the Power Block blockchain. One Power Block Coin represents one (1) kilowatt’s worth of equipment power capacity and associated server space in a facility. It is NOT an ERC20 token.