Our story
About us
Get to know the story of Enerhash
Enerhash is a pioneering energy tech company that discovered the synergies between the energy sector and computing long before it became a mainstream concept. Despite still being early on its lifetime, the company has managed to build operations on three continents, thanks to its global team with diverse experiences in data center construction and operation, energy production, finance, and investments. Enerhash’s agile and open culture has enabled it to quickly adapt to changing market conditions and emerging technologies. Today, Enerhash is recognized as a leading energy tech company and continues to push the boundaries.
Our history
Get to know the story of Enerhash
2018
The idea was born
In 2018, after finishing his job as a gas wholesale expert, Daniel Jogg came up with a grand vision. He believed that by connecting industrial-scale Bitcoin mining data centers directly to power plants, it could benefit the power generation sector with flexibility and an alternative hedge against electricity exchanges. Daniel's idea was to leverage the excess energy capacities of power plants to power the mining data centers, providing a way to monetize this excess energy while also tapping into the growing demand for computing power. He began by modeling the operation in his own living room, testing and refining the technical and business aspects of the concept.
2019-2020
Execution has begun
Daniel's brother, Balazs, has joined him in his energy tech startup, bringing with him engineering and project execution experience. Together, they were able to secure $500k in angel investment that was used to build a data center prototype.
February
2021
Successful integration into vpp
Enerhash's first project was with E.ON, one of the biggest energy companies in Europe. E.ON integrated Enerhash DATABOX-es as a flexible power consumer into their virtual power plant portfolio, which improved their portfolio's gradient on a level never before seen in the industry. This milestone marked the first highly integrated connection between a large energy company and bitcoin mining infrastructure, demonstrating how other energy generation benefits beyond just powering servers at low costs can be leveraged. The partnership with E.ON was a significant achievement, and helped establish us as a first mover in the industry.
August
2021
Energy Industry Veteran Takes on Chairman Role
After spending 25 years as a partner and managing director at Boston Consulting Group and Schlumberger Business Consulting, Tamas Seregi joined Enerhash as the company's Chairman. With extensive experience working with some of the biggest energy companies in the world, Seregi saw the untapped opportunity in the energy tech industry and recognized Enerhash's potential for rapid growth. His expertise in management consulting and his industry connections have been invaluable in guiding the company's strategic direction and fueling its expansion.
May
2022
Successful operation in Sweden
Enerhash Technologies was established in 2021 to fulfill the intense investment demand that the company attracted. The funding of 6.5 million EUR was provided by 50 private individuals. By the summer of 2022, the company had successfully built 3 MW data center infrastructure in Sweden.
June
2022
Our joint venture in New Zealand started operation
We partnered with local energy professionals in New Zealand to form a joint venture called Enerhash Gridshare JV. Our first project at Lake Monowai, a 2 MW hydro power plant, began operations under this partnership.
December
2022
Our joint venture in the USA started operation
We founded our USA company and signed a Memorandum of Understanding with Allied Energy (OTC PINK:AGYP) to initiate a bitcoin mining project by utilizing flare gas. The partnership with Allied Energy is a significant milestone in our mission to provide sustainable and profitable energy solutions.