Armenia to house a mining data center in the premises of the old Razdan TPP

Armenia plans to decommission the old Razdan TPP, and on its territory to host, among other things, a cryptocurrency mining operation. reports Sputnik Armenia.

On January 20, the Public Services Regulatory Commission of Armenia approved a plan to lease part of the station’s territory.

One section of the TPP’s territory will continue to host the Free Economic Zone “ECOS”, where a mining data center is planned. Details on the facility’s capacity and the number of equipment were not disclosed by the publication.

Sources say the equipment at Razdan TPP is physically and morally obsolete, hence the electricity generated there is too expensive.

«Nevertheless, the large territory of the station with its extensive infrastructures — transmission lines, water mains and industrial gas pipelines — is convenient for leasing to manufacturing companies,» the publication notes.

In February 2018, Razdan TPP and ECOS-M signed an agreement to supply electricity for the construction of a 50 MW mining center on the territory of the Free Economic Zone.

It was reported that the mining center’s capacity could potentially be increased to 200 MW.

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