Last week, the Chinese device maker for mining Bitmain announced about the opening of a subsidiary in Switzerland. For tighter regulation of the industry in China, the firm intends to transfer all your power to the North of Europe. However, this is not the only region the company is interested in. As reported by CCN, Bitmain received a license for mining in the United States and opened the first farm in Washington.
Mining cryptocurrency. Most of US
Unit Bitmain in USA under the name Ant Creek leased an area of 10 acres in the County of Walla Walla, WA. Every month the company will pay 4.7 thousand dollars in rent, and in a year will be eligible to buy land for 150 thousand dollars.
The company does not specify what it plans to do in the area. According to the representative of Ant Creek, Washington will be blockchain-center. While the organization has the license for mining cryptocurrencies on the territory of the district.
As noted by the CCN, in Washington relatively cheap electricity, which attracts to the territory of miners from across the country. However, against open mining center joined residents — according to them, trade cryptocurrencies will bring income only to the electricity suppliers and additional jobs in the region appears.
Maybe Bitmain is trying to conquer as many markets due to the competitive threat from Samsung. Earlier media reportedthat the South Korean tech giant is supplying chips for the ASIC miners Mining Halong.
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