Bitmain Confirms New Crypto Mining Facility in Texas
Bitcoin mining hardware giant Bitmain is officially setting up shop in Rockdale, Texas, and expects to launch mining operations early next year.
The firm confirmed Monday that it is investing $500 million over the next seven years into a new blockchain data center in the U.S. state as part of its "strategic investment and expansion plans within North America." The facility will employ 400 residents, and Bitmain also intends to launch educational and training programs for potential employees.