Micro data centers and cryptocurrency farms could be the perfect solution for retail and office owners looking to fill vacant space or monetize non-traditional or un-leasable space in a property.
"Micro data centers and cryptocurrency farms are technology uses that are growing in popularity. They pair well with office and retail properties and are ideal ways for property owners to boost income. In fact, owners can lease out these spaces for as much as $500 per square feet, which is practically unheard-of for any other real estate use," Phil Raglin, CEO of Alpha Lease Management, tells GlobeSt.com.
Micro data centers are small. They are essentially smaller versions of a traditional data center, according to Raglin. "These centers resemble school lockers in size rather than large spaces in enormous buildings like typical data centers," he says. "Micro data centers are scaled down to handle different types of workloads and they are used to tackle issues that traditional data centers aren't able to take on."
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