Chinese famous Bitcoin (BTC) mining company Bitmain is moving to Rockdale, Texas and expects to start operations early next year.
Beijing-based mining company Bitmain announced on Monday that it is contributing with $ 500 million in the next seven years to design a blockchain-powered data center in Texas as part of its “strategic investment and expansion plans within North America.”
By launching the upcoming center, Bitmain will create 400 new jobs and release educational programs.
“The new facility will be located within a section of the former Alcoa Rockdale Operations site. Construction and set-up is underway, and Bitmain estimates this phase will finish early in the fourth quarter of 2018, with the data center initiation in early 2019,” reported Business Wire.
Information on the launch of a blockchain center by Bitmain has been running since last month after a local magazine said that the mining hardware giant has bought a former aluminum facility, as reported by Dallas News. The newspaper characterized the activity of the company as “the worst-kept secret in the Rockdale area.”
Some jobs are already available on website Indeed.com such as Project Manager and Data Center Site Manager.
Bitmain continues to expand. The announcement came about two months after the company received the green light to install a new mining farm in Washington despite some residents voicing disagreement, one of them claiming that crypto mining operations “create wealth for the owner with no trickle down.”
Besides the new project in Texas, Bitmain is heading to open a new office in Brazil.