Not only buy the lands, but they also construct a roadway and drinkable/fire protection water which looks like expensive investment. Maybe there's secret agenda behind this choice
Topic: China’s Bitmain Gets Approval for US Bitcoin Mining Operation (Read 128 times)
Surely there are many locations which is more suitable for their mining activity which have lower electricity price, better temperature, geography location and less strict regulation.
Not only buy the lands, but they also construct a roadway and drinkable/fire protection water which looks like expensive investment. Maybe there's secret agenda behind this choice
Not only buy the lands, but they also construct a roadway and drinkable/fire protection water which looks like expensive investment. Maybe there's secret agenda behind this choice
I don't understand why US? They better of go to Switzerland or somewhere snowy
The Bitcoin mining in rural Washington is getting pretty hot. Chelan, Washington is where the public utility called a moratorium on bitcoin mining.
https://www.ccn.com/chinas-bitmain-gets-approval-for-us-bitcoin-mining-operation/
Bitmain is opening overseas mining farms all over the place. My guess is that they believe China will ban mining in China and they are diversifying.
Quote
Bitmain, Chinese cryptocurrency mining company, has been given a green light to set up a blockchain facility in Western Walla Walla County, a county in the U.S. state of Washington. Local newspaper Union-Bulletin wrote that the decision was in complete agreement of the three commissioners involved in the situation.
Bitmain is opening overseas mining farms all over the place. My guess is that they believe China will ban mining in China and they are diversifying.
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