Business

UnitedCorp Announces Deployment Plan and Technology for One of the Largest Blockchain Networks and Mining Project in North America: 50 Megawatt BlockchainDome

UnitedCorp Announces Deployment Plan and Technology for One of the Largest Blockchain Networks and Mining Project in North America: 50 Megawatt BlockchainDome.

articleUnited American CorpJanuary 11, 20184/company/united-american-corp/news/unitedcorp-announces-deployment-plan-and-technology-for-one-of-the-largest-blockchain-networks-and-mining-project-in-north-america-50-megawatt-blockchaindome
UnitedCorp Announces Deployment Plan and Technology for One of the Largest Blockchain Networks and Mining Project in North America: 50 Megawatt BlockchainDome

About this update from United American Corp

[{"type":"text","content":"\n\n MIAMI, Jan. 11, 2018 (GLOBE NEWSWIRE) -- Miami-based United Blockchain Corp, a wholly owned subsidiary of United American Corp (\"UnitedCorp\") (OTC:UAMA), announced today that its Blockchain Data Center Inc. subsidiary has acquired its first dome infrastructure which will be converted to deploy its new BlockchainDome™ Passive Cooling Ground-Coupled Heat-Exchanger technology.\n The company has filed a Patent Application with the United State Patent and Trademark Office (USPTO) for the BlockchainDome which uses Canadian well and chimney effect principals combined with a technique for utilizing Negative Air Pressure in its Mining Rigs within sealed enclosures. BlockchainDome will become one of the largest mining operations in North America, with a total output exceeding 50 megawatts of global hashing power and ability to increase this capacity. The BlockchainDome™ whitepaper is available at: www.blockchaindomes.com Each dome will have a total effective capacity of 2,000 kVA (2 megawatts). A total of 25 domes are planned for deployment in 23 regions of the Province of Quebec within an aggressive timeline. The global cryptographically-based ledger mining capacity of the company is a key element of the upcoming peer-to-peer Telephone Number Transaction PSTN SIP-based BlockNUM network. Furthermore, the company has filed with Hydro Quebec to enter into a Rate LG which is only accessible to large-power customers with demands exceeding 5 megawatts at price of energy of US$0.0276/kWh (CD$0.0342/kWh) and a monthly demand charge of US$10.56/kW (CD$13.11/kW). Quebec's energy cost is regulated by The Regie de l'Energie of Quebec and is amongst the lowest in North America. Hydro Quebec produces 99% clean energy with low or no carbon emissions. The 25 domes are planned for deployment in the following regions: Montreal (2 facilities), Laval, Québec City (2 facilities), Gatineau (Ottawa), Sherbrooke, Trois-Rivières, Chicoutimi (Jonquière), Saint-Jean-sur-Richelieu, Châteauguay, Drummondville, Saint-Jérome, Granby, Beloeil, Saint-Hyacinthe, Joliette, Victoriaville, Salaberry-de-Valleyfield, Rimouski, Sorel, Alma, Saint-Georges de Beauce, Val-d'Or/Rouyn-Noranda A typical dome takes approximately 14 days to erect and a further 14 days for the installation of the Canadian wells, ducting and power fa...

More updates from United American Corp