Bitmain to Open Crypto Mining and Blockchain Data Center in Texas

The Chinese mining hardware giant Bitmain has revealed a plan for establishing a mining facility and blockchain data center in the US state of Texas next year, the manufacturer said in a press-release on Monday. The new base will serve as a key point for future Bitmain expansion in North America.

The small city of Rockdale, which has around 5,700 citizens, will be the home of Bitmain’s US offices. The Chinese company has already started the construction work, which should be finished in the third quarter of this year with the facilities opening in early 2019.

Bitmain plans to invest $500 million in the next seven years and to hire around 400 people in the first two years of the project. Bitmain will work with local schools and other educational institution to provide training programs.

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This article appeared first on Cryptovest

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