News
9 february 2017

Chinese Canaan to Boden

Canaan Creative to open its first data center outside of China in Boden, The Node Pole

Chinese tech company Canaan Creative moves into Boden and the Swedish data center region The Node Pole. Canaan is a world-leading producer of blockchain solutions and ASIC microprocessors – and the first Chinese company within the sector to open a data center in Europe. At an initial stage, the data center will operate at roughly 10 MW. The site will be up and running already during February.

Discussions have been taking place during the last several months and today it is announced that Canaan Creative choose Boden for their expansion into Europe.

N.G. Zhang, CEO and co-founder of Canaan Creative confirmed the news today:

“Canaan Creative are expanding to Europe to continue developing blockchain technology for new markets and applications. We came to the conclusion that Boden is the best location for us to drive blockchain technology to the next level.”

A high level of technological development, green energy abundance and the lowered tax rates were among the main reasons convincing Canaan to choose Sweden and Boden.

“We have worked intensively over several years to become a leading cluster for blockchain and HPC (High Performance Computing) technology. Canaan Creative is a cutting-edge company with long-term plans and unique expertise in the rapidly growing blockchain market. The fact that Canaan Creative selected us goes to show that we are on the right track”, says Erik Svensson, CEO of Boden Business Agency.

Patrik Öhlund, newly appointed CEO of The Node Pole comments:

“Canaan Creative’s European expansion puts Boden and Sweden at the forefront of HPC infrastructure and blockchain solutions. We now see companies increasingly looking towards specialized clusters. On the one hand to cloudify their infrastructure and on the other hand to compete in the European market. Canaan Creative and Boden are a perfect fit and we wish them a warm welcome to The Node Pole”, says Patrik Öhlund, newly appointed CEO of The Node Pole.

The actual premises Canaan Creative will utilize have previously been run as a (HPC) data center by KnC Miner, a Swedish bitcoin company filed for bankruptcy in May 2016. A further expansion is possible but not discussed at this point. Previous tenants running data center operations have found other premises in Boden.

For more information, please contact:
Erik Svensson, CEO Boden Business Agency
+46 921 629 73, erik.svensson@bodenbusinessagency.com


 About Canaan Creative

Founded in 2013, Canaan (Canaan Creative) is the worldwide leader in producing Blockchain servers and designing ASIC microprocessor solutions. Canaan products are sold globally. From the very first SHA-256 based upon FPGA technology to the Avalon Blockchain ASIC, Canaan continues to innovate by producing custom designed ASIC microprocessors. With the efforts of its highly skilled development team, Canaan strives to bring in new thoughts to the area of advanced technology ASIC processors and beyond. www.canaan.io

About Boden Business Agency
Boden Business Agency is a municipality owned company that helps privately held companies to establish or expand their business in Boden. Their main assignment, as a partner of The Node Pole, is to promote and develop Boden as a destination of energy- intense establishments. Boden has a unique position of power supply – redundant, sustainable and free from interruptions. The local eco-system of constructive and positive suppliers makes it easy to join the on-going movement in Boden. www.bodenbusinessagency.com 

About The Node Pole
The Node Pole is Sweden’s commercial investment and development hub providing dedicated support for investors within the cloud industry, as well as other emerging energy-intensive industries such as e.g. carbon production and battery production. Known from data center establishment successes such as Facebook in the north of Sweden, The Node Pole is as of 2017 owned by power companies Vattenfall and Skellefteå Kraft – with the purpose of proactively enabling new business into Sweden and for the European market. With a core team of dedicated professionals, The Node Pole Alliance with 60+ members, as well as partner sites, municipalities and national Government authorities, The Node Pole assures you a fast, flexible and scalable transition into a new industrial era. www.thenodepole.com  

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