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Consortium to build underground data center in Afula

Consortium to build underground data center in Afula
Europe-Israel Group, P.A.I. controlled by Omer Adam and the Swiss fund Lian Group have signed an agreement to build an underground data center in Israel.
Europe-Israel Group, P.A.I. controlled by Omer Adam and the Swiss fund Lian Group have signed an agreement to build an underground data center in Israel, with a huge investment of hundreds of millions of shekels
The group of partners, who have so far worked in stealth in order to promote the project, purchased the land in Afula for NIS 80 million. The group will become one of only a few players in Israel that is building an underground data centers - a market in which the supply of land in Israel barely exists, while demand for it is only rising, mainly from tech giants Google and Amazon. Those two companies recently won the Israeli government s Nimbus tender to set up cloud storage infrastructures. ....

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7th Global Blockchain Congress by Agora Group on June 21 and 22, 2021

7th Global Blockchain Congress by Agora Group on June 21 and 22, 2021
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Press Release
The seventh edition of the world-renowned flagship Global Blockchain Congress by Agora Group is taking place on June 21 and 22, 2021, in Dubai. This edition’s theme is “Celebrating DeFi and NFTs” and will boast an amazing line up of speakers including keynote addresses by His Excellency Ahmed Bin Sulayem, executive chairman and CEO of Dubai Multi Commodities Centre; Hubertus Thonhauser, chairman of the board at the Tezos Foundation; Fiorenzo Manganiello, partner at Lian Group and many others.
The event is an exclusive closed-door congress that can be attended by invitation only. Agora will be hosting more than 100 investors and 30 sponsors. ....

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$12M Blockchain Project Gets Green Lit in Canada

LIAN Group announce joint venture with BitFury which will generate 3,500 Bitcoins
Private equity firm LIAN Group has further demonstrated its commitment to developing and investing in disruptive technologies by announcing a $12m (USD) injection to upgrade a blockchain datacenter in Canada.
The deal, which was concluded this week, is a joint investment venture with Bitfury to jointly invest in the upgrade of one of their major datacenters located in Three Hills, Canada.
With a capacity of 16MW producing more than 400 PH/S, the datacenter is expected to generate more than 3,500 Bitcoin across its lifetime. Added to this, it will consist a new generation of efficient machines from miner maker, MicroBT. ....

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This is how the bitcoin bubble will burst

Getty Images / WIRED
Bitcoin is going to the Moon – again. Twelve years after its launch at the hands of pseudonymous coder Satoshi Nakamoto, the original cryptocurrency has been skyrocketing in price to unprecedented heights.
After starting 2020 at about $8,000 a unit, and slumping to just over $5,000 in March, the decentralised digital currency has been on a roll since mid-December. On December 16, exchanges priced bitcoin at $20,632, an all time high; since then, it has kept growing, amid new peaks and the occasional trough: at the time of writing, you can buy or sell one bitcoin for $41,000.
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We’ve been here before. Back in 2017, bitcoin – and crypto at large – grabbed headlines as the fledgling sector ballooned into a distinctive bubble (or, for the more sophisticated, tulip) shape. Fuelling that rise was a frenzy surrounding a new cryptocurrency-based crowdfunding method called initial coin offering or ICO, in which self-styled startups ....

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