Data centers are the twenty-first century nexus between the commercial real estate and telecommunication business sectors. Owners, operators and developers of data centers face the difficult task of continually adapting to the rapidly evolving priorities of their ever expanding clientele in order to remain competitive and appealing to the largest number of actual and potential consumers. Cryptocurrencies based on Blockchain-secured transactions have been thrust into the public eye and have become the face of next generation investment opportunities with the spectacular rise and fall of the value of Bitcoin and Ethereum (among others). This post provides a glimpse into how data center owners, operators and developers can optimize their facilities by dedicating data centers with low overhead (achieved primarily by reducing cooling, redundancy and security expenses) to the exponentially growing cryptocurrency mining industry. A full length article will follow this post in the next few months with a more detailed analysis of the vastly contrasting needs of digital vaults or wallets storing coins of cryptocurrency.

Continue Reading Optimizing Data Centers to Meet the Needs of Cryptocurrency Miners

Recently, our colleague Steve Friedberg published an article in AreaDevelopment on “Data Center Development and Financing Strategies”.  Co-authored by Gregory Burkart and Laca Wong-Hammond from Duff & Phelps, the article discusses industry-specific factors to consider when evaluating data center locations including power needs/costs, scalability, and security; and carefully analyzes financing strategies for these capital-intensive endeavors as well.

To access the article in full, click here.