According to foreign media reports on August 7, Bitland announced on Monday that it will launch its latest blockchain data center and mining facility in Texas. The announcement states: “The Miram County Blockchain Data Center and the Cryptographic Mining Facility Plant are key components of Bitcoin’s strategic investment and expansion plans in North America.”
Bitcoin’s key encryption mining facility in Texas is Rockdale, about 50 miles northeast of Texas’s capital, with an estimated population of 5,595. It will occupy a portion of the former Rockdale Aluminum operating site, including aluminum smelting facilities and recently decommissioned coal-fired power plants. Alcoa is the sixth largest aluminum producer in the world.
Durham County judge Dave Barkemeyer confirmed last week to the local newspaper “Temple Daily Telegram” that Bittland is moving to the county. According to the mining giant: “With the establishment of the construction and facilities, the facility is expected to be completed by the beginning of the fourth quarter of 2018, and the data center will be launched in early 2019.”
“Butland has partnered with Alcoa in Texas to launch a ‘key-encrypted mining facility’ to re-use the former aluminum smelter to become the site of Bitcoin’s website.” The publication said: “Miram County Industrial Development Corporation The Milam County Council Court approved an incentive plan that includes more than 10 years of tax cuts.”
Bitcoin’s global semiconductor and electronics manufacturing company was founded in 2013 and is headquartered in Beijing with offices in Amsterdam, Hong Kong, Tel Aviv, Qingdao, Chengdu, Shanghai and Shenzhen. Bitcoin has several brands, including Antminer, Antpool and Hashnest. The company has recently been valued at $12 billion.
The project is expected to bring more than $5 million in investment and more than 400 jobs.According to the company’s announcement, the facility “represents Bitland’s plan to invest more than $500 million in local, county, and statewide economies over the first seven years.”
Bitcoin launched the “Key Encryption Mining Facility” in Texas, which is expected to bring 400 local jobs to Rockdale in the first two years. The company is currently hiring multiple positions ranging from senior management, sales and finance to researchers, engineers, technicians and other positions.
“The new job will be full-time and will include engineering and management positions, as well as employment opportunities for data center technicians,” the report added.
Richard E. Williams Jr., president of Miram County Industrial Development, said the deal could “change the rules of the game.”
Local television station Kxxv said: “In addition to the estimated 137 spin-off jobs, 400 new jobs may have a significant impact on the relatively high unemployment rate in Miram County, while wages and benefits are higher than in Texas. The average level in the central state.”
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