Frontier Mining’s Arland Whitfield Weighs in on Blockchain vs Bitmining

DENVER, CO – Many would say that blockchain is driving the data center conversation, especially in regions such as the Mountain West, where the bitcoin business is booming. But that doesn’t mean everyone is on the same page. So CapRE’s Second Annual Great Denver Data Center Summit last week featured a panel titled “The Next Chapter: Blockchain, Cryptocurrency and Bitcoin: What are They and How Do They Impact Data Center Design, Construction, Development and Operations?” and the conversation featured a brief Q&A with Arland Whitfield, CEO of Frontier Mining, a provider of turn-key cryptocurrency miners, co-location and mining management services, about his thoughts on the distinction between blockchain and bit-mining (this followed remarks by his co-panelist Amber Hartley of BurstIQ -- see the link at the end of the story). “Arland, you run a more Cloud-like product or SaaS-model, where people can just sign up and you do most of the work for them, if they want to get involved in mining,” ventured Moderator Rabin Mahanty, Director of H5 Data Centers. “Is there anything you’d like to add [about this distinction]?” “So mining, I think that [co-panelist] Amber Hartley gave a very good idea of what the actual [technology] piece is,” recalled Whitfield. “But the part that miners fit into in that world, is on the transaction side of that checking example that she mentioned. We would be the servers validating those transactions, creating crypto-graphic hash, and associating it with…