Hive Blockchain sells Kolos subsidiary to local Norwegian municipality at a substantial loss
After buying the site for millions, now it is paying to give it away to Narvik municipality
News - Kolos
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Kolos data center park in Norway is being acquired by cryptocurrency miners
Hive Blockchain will pay almost $10 million for the location beyond the Arctic Circle
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Fast Track Venture Capital backs Kolos in $2.5m funding round
After Headwaters MB pledged to raise $250m for the project
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Kolos hopes to build a gigantic data center in the Arctic Circle
The facility will offer 1,000MW at maximum capacity, with available sustainable sources said to provide double the energy required