Bit­coin fac­to­ries op­er­ate in Knee­hill, Star­land Coun­ties

The Drumheller Mail - - FRONT PAGE - Terri Hux­ley

Be­ing the first of it’s kind on Cana­dian soil, Bit­fury gains ac­cess to Al­berta for data min­ing pur­poses.

The Euro­pean com­pany coined ‘Bit­fury’ is in­volved in data min­ing, the com­put­ing process of dis­cov­er­ing pat­terns in large amounts of grouped data called data sets. It’s a sub­field of com­puter sci­ence that should not be mis­taken for an­a­lyt­ics, statis­tics, and other data­base sys­tems. The over­all goal of this unique in­tel­li­gence is to gain in­for­ma­tion from a spe­cific data set and turn it into an un­der­stand­able struc­ture for fur­ther us­age.

Two lo­cal lo­ca­tions of Knee­hill County and Star­land County will soon be home to the new de­vel­op­ment. In Knee­hill, 20 Sea­cans will be on-site and for Star­land, the Sea­cans num­ber more than dou­bles to 48.

Bit­fury claims to de­velop and de­liver soft­ware and hard­ware so­lu­tions for in­di­vid­u­als and busi­nesses alike through the blockchain. This blockchain is an ex­tremely se­cure data­base used to main­tain an ever grow­ing list of records. Bit­fury’s role is to also se­curely and ef­fi­ciently move as­sets across this blockchain.

With all of this in mind, what does Bit­fury have to do with Star­land and Knee­hill County? The an­swer is sim­ple: space and con­nec­tiv­ity.

“The rea­son they are do­ing this is be­cause there is enor­mous power re­quire­ments for th­ese fa­cil­i­ties so in our case they are work­ing with ATCO to find an area where they could take a heavy draw off a sub­sta­tion,” said Matt Kreke, Star­land County As­sis­tant CAO.

Much of the ac­tion and be­hind the scenes work will be off-site but for fu­ture tech­ni­cians, there will be lots of time at the fa­cil­i­ties.

“From what we have heard in our ini­tial dis­cus­sions is that they are look­ing to hire sev­eral peo­ple in the area to work at th­ese fa­cil­i­ties,” con­firmed Kreke.

As a pro-de­vel­op­ment county, Star­land is elated to be one of the se­lected ar­eas to house this new type of sci­ence.

“We’re ex­cited about new kinds of de­vel­op­ment,” said Kreke. “Our hope is to bring some jobs and in­vest­ment into the area.”

Fu­ture prospects sug­gest that Star­land and Knee­hill will be the first of many new sites in the prov­ince.

We’re ex­cited about new kinds of de­vel­op­ment. Our hope is to bring some jobs and in­vest­ment into the area.” Matt Kreke As­sis­tant CAO Star­land County

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