CoinTerra, a bitcoin mining company, has signed an 18-month contract to have its infrastructure hosted by CenturyLink.
More computing power than ever is needed to unearth new bitcoin and as a result, companies that mine for the digital currency are turning to data centers to help them deploy that power.
Take, for instance, CenturyLink Technology Solutions’ new deal with CoinTerra, an Austin-based startup that makes powerful computers used to verify bitcoin transactions. CoinTerra just signed an 18-month agreement to have its mining-infrastructure hosted in four of CenturyLink’s data centers around the world.
Financial terms of the deal were not made public. CoinTerra CEO Ravi Iyengar said CoinTerra spends tens of millions of dollars on cloud infrastructure such …
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