Bitmain to launch mining division in Texas

Posted 07 August, 2018

One of the main players in the crypto mining sector – Bitmain – reportedly launches a division in Rockdale, Texas. The new unit will join the crypto mining in early 2019.

The company stated yesterday that it planned to spend $500 million for the launch and development of new US-based blockchain data centre within the next seven years. The project is developed as a part of Bitmain's plans for expansions in North America. The new office will bring 400 jobs and run educational and training courses for new workers.

The first reports about this division appeared last month. Specifically, it was reported that the company acquired the building of the former aluminium plant.  At the same time, the authorities refused to comment on this matter.

According to the news reports, the company has placed the list of vacancies for the new office on the corresponding website.

The Rockdale division is said to be added to the company's bitcoin mining capacities located in Washington. Specifically, the state authorities allowed Bitmain to place the facilities in Washington this April. It is worth mentioning that some local players were quite sceptical about such crypto operations.

Notably, the company has already expanded in Switzerland and Israel, and now it is about to open a division in Brazil.

The company operates AntPool and BTC.com.

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07 August, 2018 16:15

← Chinese investor at law with OkCoin for unreceived BCH

Chinese crypto investor has gone to law against the exchange OkCoin citing uncredited 38.748 BCH. The plaintiff cited that he might receive Bitcoin Cash after the bitcoin fork on the platform last year, but the coins were not credited. At the same time, the company representative commented that the investor had only himself to thank for it, as...

Chinese investor at law with OkCoin for unreceived BCH

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07 August, 2018 12:33

Huobi Global inaugurates new platform →

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