Bitmain to Open Office in Texas

Rockdale's residents have already expressed the hope that the new business will bring new jobs to the region
02 August 2018   1485

Chinese mining giant Bitmain is preparing to open a data center in Texas (USA). This conclusion made from the vacancies published by the company.

In particular, Bitmain is looking for a project manager and data center site manager for a new venture in a small town of Rockdale. Local residents have already expressed the hope that the new business will bring new jobs to the region that is in decline.

In 2014, local smelting plant was closed, and this year the coal-fired power plant stopped operating in the town, resulting in a reduction in jobs at a nearby mine.

Local residents hope that the new data center will bring Rockdale high-skilled jobs. However, as the unnamed specialist of the branch noted, mining requires a lot of capital and few people.

In addition to Rockdale, Bitmain is looking for staff in Chandler (Arizona), as well as in two cities in Washington State - Malaga and Wenatchee.

Chinese company received the profit of $ 1.1 billion for the I quarter of 2018. Also, recently Bitmain noted that it contols 4% of Bitcoin's network hashing power.

Argo Blockchain to Implement 1000 New Miners

It is worth noting that Argo Blockchain shares are traded on the London Stock Exchange
20 September 2019   94

Argo Blockchain, a British mining company, has installed 1,000 new ASIC miners. Now the company has 6,000 devices.

According to the Proactiveinvestors portal, over the next two quarters, the company will acquire another 6,000 bitcoin miners.

Argo Blockchain shares are traded on the London Stock Exchange (LSE). Against the backdrop of a bullish rally of bitcoin, this year they grew by 193% - from £ 3.2 in early April to £ 9.5.

In the second quarter financial report, the firm reported a substantial increase in revenue. Its representatives are also interested in placing a farm on 2500 devices in the Canadian province of Quebec.

On September 19, the total computing power of the bitcoin network crossed the line of 100 EH / s.