Bitmain Technologies Launches Mining Center in Texas

Bitmain Technologies plans to launch a mining center and data center for the blockchain, which will be located in the state of Texas. Note that the center will be located on the territory of the former coal-fired power plant. It is reported that within 10 years, the company will be granted a tax discount on its activities.

According to the company's representatives, the new project will be a key component of strategic plans in the matter of expanding Bitmain's activities in North America. The facility will be located in the small town of Rockdale, with a population of approximately 5,500 people. The city is located about 50 miles northeast of the capital of Texas.

Note that the judge of the Milam district - Dave Barkemeyer confirmed to local publications that indeed, Bitmain will work on the territory of the district. According to the company's forecasts, the construction of the facility, which will house the facilities for mining, should be completed as early as the beginning of the fourth quarter of this year. In turn, the data center will be launched in early 2019.

Bitmain was founded in 2013. The headquarters of the company is located in Beijing. There are also offices in Amsterdam, Hong Kong, Tel Aviv, Qingdao, Chengdu, Shanghai and Shenzhen. Today, Bitmain Technologies owns several brands, including Antminer, Antpool and Hashnest. This year, the company was estimated at $12 billion. In the new project it is planned to invest more than $500 million. The project will provide more than 400 jobs. Currently, the search for top managers, financiers, scientists, engineers and technicians is carried out.

Representatives of the company noted the following:

“The new jobs will be full-time, fully benefitted and will include positions in engineering and management, as well as opportunities for data center technicians.”

#Bitmain, #Texas