‘ Bob Griffin, Great North Data « Lab canada goose coats West

Mining for data in western Labrador

« Data mining is essentially what this is, » said Bob Griffin, a co founder of Great North Data (GND).

« And it’s interesting that we’ve gone to a mining town to do a different kind of mining. »

Companies use data centres as third party storage Canada Goose Coats On Sale for their data. They can use them as clouds or archives, or in the case of GND, a tool to mine for bitcoins.

canada goose clearance sale Bitcoins are a currency used in the data storage business. canada goose clearance sale

Canada Goose Outlet Bitcoins are an online currency. Mining them is canada goose uk black friday much different than mining for iron ore. They are created by computers solving mathematical equations. Computers are used canada goose coats on sale to solve these equations and are issued bitcoins in exchange. Canada Goose Outlet

Canada Goose Parka « It’s what’s growing, it’s the new emerging thing and we wanted to really cater to that because we think that’s where the opportunity really lies, » Griffin told the CBC Canada Goose Parka

canada goose GND already has one centre set up in Happy Valley Goose Bay. A gutted green building on Avalon Drive will soon be filled with rows and rows of computers running equations. canada goose

Canada Goose sale Another company https://www.goosefrshop.com, North 53 degrees, that is setting up in an old mall in the Harrie Lake subdivision, declined our request for an interview. Canada Goose sale

canada goose coats Two companies are in the middle of setting up data storage facilities in western Labrador. (Jacob Barker/CBC) canada goose coats

Power supply, cold climate Labrador West is seen as an ideal location for a couple of reasons.

« Just like iron ore mining, energy cost is crucial in breaking even and profiting, » said Griffin.

buy canada goose jacket cheap « The situation is there is Canada Goose sale surplus power in Labrador West and they don’t have a use for it right now and we are filling a huge gap that’s been left by the iron ore industry. » buy canada goose jacket cheap

Bruised Canada Goose Outlet businesses feeling the sting of Lab West downturn Another canada goose clearance sale incentive is the climate.

« These machines get canada goose clearance very hot and it saves a lot of money if you can cool them with cold air outside, » said James Goodwin, also a co founder of GND.

Canada Goose online ‘We are filling a huge gap that’s been left by the canada goose uk shop iron ore industry.’ Bob Griffin blouson chilliwack canada goose , Great North Data « Lab canada goose coats West climate is perfect for data centres. You couldn’t have picked a spot that’s colder that has access to this kind of electricity. » Canada Goose online

GND is Canada Goose Online based out of St. John’s buy canada goose jacket and keeping the business in the province is also something that’s important to the company.

« I’m from St. John’s and I’m very pro Newfoundland and Labrador and cheap canada goose uk I feel this has long since been needed, talked about and Canada Goose Parka I’m really happy to be part of canada goose factory sale something we uk canada goose can bring to Lab West and we can help diversify and help grow small economies, » said Griffin.

Canada Goose Jackets Open for Canada Goose online business « We’ve had some success with data warehousing and I think that will even grow more as we move into the future, » buy canada goose jacket cheap Labrador City Mayor Karen Oldford told the CBC. Canada Goose Jackets

canada goose coats on sale The mayor sees it as a way for the town to diversify new industry in a town where there is so much uncertainty around the iron ore industry. canada goose coats on sale

buy canada goose jacket « We’re open for business, for that type of business, and canada goose store we see this industry as a major part of a diversification plan, » the MHA Canada Goose Jackets for Labrador West Graham Letto said. buy canada goose jacket

canada goose clearance « It doesn’t canada goose uk outlet create a whole lot of jobs but canada goose black friday sale it generates jobs and every job today is important. » canada goose clearance

canada goose deals Labrador West MHA Graham Letto says the area is open for business, especially with the downtown in the mining industry. (Jacob Barker/CBC) canada goose deals

The immense amount of power needed is of concern to Wabush Mayor Colin Vardy.

canada goose store He said the town has been approached by a data centre company canada goose out of China. He has some concerns before deciding how to proceed. canada goose store

cheap Canada Goose « We have to make sure the power is available but we also have to make sure too that we don’t chew up any cheap Canada Goose power that would be needed for the iron ore industry if Wabush Mines were to come back to life or if Alderon were to come on board, » Vardy said. cheap Canada Goose

Dave Pearson is a researcher at International Data Corporation and specializes in enterprise storage and networking in Canada. He said though the power draw is heavy, it isn’t crippling.

canada goose black friday sale « When you’re looking at what’s going on in Labrador for example, those kinds of implementations will not provide a great deal of strain on the local grid and certainly not on a province wide or country wide scale, » he said canada goose black friday sale

High demand Pearson said the biggest data canadian goose jacket centres are in the United States but the market continues to pick up steam in Canada.

canadian goose jacket « In a very off quarter, Google adds about twice as many servers to their existing stable of uk canada goose outlet servers as the entirety of Canadian enterprise adds, » he said canadian goose jacket.