Press Release from Powerpool
PowerPool is pleased to announce that it has successfully achieved full hosting capabilities at its datacenter located in Northern Norway. This milestone marks the completion of infrastructure deployment, system validation, and operational testing, enabling PowerPool to commence full commercial operations. The facility is now live and actively running mining equipment supporting both SHA256 and Scrypt algorithms.
“Reaching full hosting capability in Northern Norway is a major operational milestone for PowerPool,” said Ruben Gomez, CEO of PowerPool. “Completing deployment in such a short timeframe while delivering competitive energy pricing and a simplified, revenue-based electricity settlement model reflects both the execution strength of our team and our long-term commitment to building reliable and efficient mining infrastructure.”
Current operational hardware includes:
Antminer L9 Antminer L11 Antminer S21 Pro
All listed machines are fully installed, powered, and currently operating within the PowerPool datacenter.
Electricity pricing and billing structure
PowerPool is operating with the following electricity rates:
USD 0.07 / kWh for SHA256 mining USD 0.075 / kWh for Scrypt mining
Electricity costs will be automatically settled directly from mining revenue, removing the need for customers to manage separate electricity invoices, credit card payments, or manual settlements.
Customer Onboarding
Customers who previously joined the waitlist and confirmed machine allocations over the past months will be contacted via email in the coming days. These communications will include payment instructions, allocation confirmation, and onboarding details required to activate their hosting services.
This achievement represents a significant operational milestone for the PowerPool project and reflects the successful execution of PowerPool’s deployment strategy in a strategically important and energy-efficient region.
Further updates will be communicated as customer onboarding progresses.
Ola Stene-Johansen, CEO of Lokotech Group, added: “It’s great to see the direction Ruben is taking the company and how he continues to grow it with clear execution and focus. This is what happens when you give a strong leader the independence he deserves.”