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PowerPool Launches Full Crypto-Mining Hosting Operations in Northern Norway

Story Highlights
  • PowerPool has activated full hosting operations at its Northern Norway datacenter, running SHA256 and Scrypt mining hardware after completing infrastructure deployment and testing.
  • With competitive fixed power rates and automatic billing from mining revenue, PowerPool aims to streamline costs for clients and strengthen its position in energy-efficient crypto-mining hosting as customer onboarding begins.
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PowerPool Launches Full Crypto-Mining Hosting Operations in Northern Norway

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Harmonychain AS ( (DE:7EW) ) has issued an announcement.

PowerPool has brought its Northern Norway datacenter to full hosting capability, completing infrastructure deployment, system validation, and operational testing, and is now running Antminer L9, L11, and S21 Pro machines for both SHA256 and Scrypt mining. The facility’s launch into full commercial operations underscores the company’s execution strength and positions it as a competitive, energy-efficient hosting provider, with electricity costs automatically deducted from mining revenues and onboarding now beginning for customers who had pre-allocated machines.

By offering fixed electricity rates of USD 0.07 per kWh for SHA256 and USD 0.075 per kWh for Scrypt, with billing settled directly from mining income, PowerPool aims to streamline costs and lower entry barriers for hosted miners. The successful rollout in a strategically important, low-cost energy region strengthens PowerPool’s standing within the crypto-mining infrastructure market and signals a new phase of growth as it transitions from deployment to active customer onboarding.

More about Harmonychain AS

PowerPool operates a cryptocurrency mining hosting datacenter in Northern Norway, focusing on energy-efficient infrastructure for clients running SHA256 and Scrypt mining equipment. The company offers a simplified, revenue-based electricity settlement model designed to provide competitive power pricing and reduce administrative friction for mining customers.

YTD Price Performance: -15.18%

Average Trading Volume: 2,329,856

Current Market Cap: NOK442.8M

See more data about 7EW stock on TipRanks’ Stock Analysis page.

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