Press Release from Powerpool

09 Feb 2026 14:00 CET

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.”

More information:
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