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TeslaWatt started in a garage in Silicon Valley in May 2017. Vladimir Radovic with several friends started mining operations with 9 GPU mining rigs with 6 graphic cards in each. Very soon he realized that hosting at home was not such a great idea, especially in residential areas. Later that year, in September, he decided to buy property for his first datacenter in Gardnerville, Nevada, a small town close to Lake Tahoe. The company operated under the name CERAD LLC as a temporary code name until all the preparation work was done for a new and modern company - TeslaWatt LLC

Cerad LLC officially changed its name in January 2018. TeslaWatt owns the property free and clear for the datacenter in Nevada.

TeslaWatt currently has an offshore team in Europe. The company is looking to expand its capacities by securing another location in 2018


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