Bitmain Rolls Out US Bitcoin Mining Center Despite BTC Crash

The Chinese mining hardware giant Bitmain has opened a new data center in the small US town of East Wenatchee, located 240km (150 mi) from Seattle in the State of Washington. The company will use the $20 million investment to mine Bitcoin (BTC), local public radio station KNKX reported on Monday.

The data center has six buildings and will consume 12 megawatts electricity. The project will hire around 20 people from the town, which has approximately 13,000 residents. According to Jeff Stearns, Bitmain’s director of operations for North America, the recent BTC price crash is not a concern for his company, but an opportunity, and therefore the firm is continuing with its BTC investments.

This article appeared first on Cryptovest

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