UnitedCorp Subsidiary Blockchain Data Centers Announces Large Scale Mining Operation Hosting Agreement for its First BlockchainDome
Phase one of the BlockchainDome project rollout now expected to be compete in April 2018
Miami, FL -- March 20, 2018 -- InvestorsHub NewsWire -- Miami-based United American Corp's ("UnitedCorp") (OTC: UAMA) wholly owned subsidiary Blockchain Data Centers Inc. ("BDC") announced today that it has entered into a major Hosting Service Agreement with Vancouver-based Woodland Technology Group Inc. (Woodland).
Under the agreement Woodland will immediately provide 1,000 ASIC mining rigs for hosting within BDC's first BlockchainDome which is expected to be fully operational in April 2018, thereby completing the first phase of BDC's BlockchainDome project rollout. Woodland has already provided BDC with a substantial financial commitment and the agreement provides Woodland with an option to provide mining rigs for hosting in additional BlockchainDomes. The agreement is a direct result of UnitedCorp's Request for Proposal (RFP) issued on January 24th 2018 to manufacturers and operators of cryptocurrency mining rigs.
Erection of the first BlockchainDome is complete, and the company is currently in the process of provisioning the Passive Cooling Ground-Coupled Heat-Exchanger Canadian Wells with the Negative Air Pressure Mining Rigs docking stations technology and Woodland is expected to deliver the mining rigs in early April.
BDC is now planning its second BlockchainDome and is in the process of implementing its retail mining business plan which will offer individuals, groups and smaller mining operations with the opportunity to undertake fully managed mining activities within BlockchainDomes on shared revenue basis or via a hosting agreement. BDC is also in the planning phase for implementation of its own mining program with its own mining rigs.
