CenturyLink enters into data center agreement with CoinTerra
Wednesday, July 30, 2014 3:47 PM
CenturyLink Inc. today announced that it has signed a multi-megawatt data center deal with CoinTerra Inc. to host CoinTerra's rapidly growing Bitcoin-mining operations in CenturyLink data centers. CoinTerra designs, produces and operates hardware and software that powers the Bitcoin network. Bitcoin is a "crypto-currency" that operates on a user-powered, peer-to-peer payment network. CoinTerra estimates that more than 15 percent of the total Bitcoin network runs using CoinTerra hardware. CoinTerra's growing Bitcoin mining operations are currently housed across multiple data centers, the company said, with additional locations scheduled to be brought online in the coming months.