About Applied Blockchain
Applied Blockchain is a builder company and operator of next-generation datacenters across North America. Applied Blockchain also provides substantial compute power to blockchain infrastructure and supports Bitcoin mining.
Applied Blockchain Designs, Builds and Operates Next-Gen Datacenters: These datacenters are designed to deliver massive computing power and support high-computing applications. Initially, these datacenters will primarily host servers to secure the Bitcoin network, but in the future may also host hardware for other applications such as artificial intelligence, machine learning and other blockchain networks. It has a colocation business model in which customers house their own hardware in the company's facilities and the latter provides full operational and maintenance services for a recurring monthly fee.
Strategic Partnerships With Leading Industry Participants: Partnerships with GMR, Bitmain and certain other partners have provided and continue to provide the Company with a significant competitive advantage. GMR has been a proponent of the hosting strategy, while Bitmain provides leads on potential hosting customers. SparkPool, GMR and Bitmain are each strategic equity investors in Applied Blockchain and have since become customers in co-hosting operations.
Applied Blockchain’s Mission Statement: Applied Blockchain, Inc. strives to be a leader in Web3 infrastructure and ensure a democratic web experience in a carbon-neutral way. By leveraging larger interruptible loads to power a cryptographically secure transaction network, the company can serve as a ballast to stabilize the electrical grid while encouraging the expansion of intermittent renewable energy generation such as wind and solar.
Industry: Finance > Investing > Currencies & Foreign Exchange
More information about Applied Blockchain
New York City, US
12 Sep 2023