Business Chief Europe is an innovative digital publication targeted to business executives throughout Europe and the last issued number features an interview with Silviu Catalin Balaci, the EvoBits IT’s CEO and one of Innova Engineering’s clients.
Evobits’ first data centre was initially constructed with reliability in mind. “We wanted to build it in the traditional sense, so we used old school but reliable cooling equipment. They don’t have the best power usage effectiveness (PUE), but they’re like tractors – they’re reliable workhorses”, Silviu explains.
As he states, while constructing the facility, the first of its kind in the country, Silviu faced undeniable challenges from the market in terms of finding the right partners. “I was just a relatively young guy with no credibility in the market saying, ‘I have a multimillion-dollar project. I want to build a cryptocurrency mining business, and I want to do a real data centre’. Nobody took me seriously.”
As a result, Evobits ended up partnering with a company unsuited to its needs. “It was a pretty bad experience for us”, Silviu recalls. “It’s the ugly part of starting a business in a new area you know little about. It was a growing experience”. From electrical panel overheat issues to poor after-sale support, Evobits was in dire need of a new partner to help ensure the project’s success.
This is when Evobits partnered with Innova Engineering and our team succeeded to recover from prior complications.
“From the start, it was a completely different attitude. Instead of talking to just the sales guy most of the time, the CEO came down and we had a proper discussion,” Silviu recalls. “Now every time we have an issue, they’re working with us to solve it. I am extremely lucky to have found Innova. I don’t think we could have done everything that we did without them”.
Now the data center guarantees on-time deployments and high uptime. The processing power is not lower when it is hot outside, the equipment is online for longer since they have a very low defect rate due to the fact that they keep all the machines running in ideal conditions.
The facilities are designed to handle up to 14KW per rack, but the real usage is around 10KW per rack. The power distribution did not present a challenge and it was implemented by our highly experienced engineers.
It is not that we want to brag, but Innova Engineering’s team managed to save the project and solve all the issues stemming from our competition. And the value is beyond comparison when the endorsement comes from our partners and clients.
EvoBits Information Technology SRL is a software consulting & development, high computing and a cryptocurrency mining provider based in Eastern Europe. With several facilities totalling 4.5MW, they are a rapidly growing company in this space.
“We like to say we offer a little bit of transparency in an opaque market”, says Silviu Catalin Balaci, CEO EvoBits IT.
Evobits creates different applications, mostly around Blockchain, such as e-commerce platforms, Cryptocurrency Merchant platforms, cryptocurrency trading software and mining-related software, AI processing and deep learning processing. They started with a 100kw proof-of-concept, then a 1MW test facility then moved to another 3.5MW second test and now they are looking at the mass deployment of over 12 MW.
Read more about the project in July’s edition of Business Chief Europe.