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   1031

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.

SBI Holdings to Start Mining Chips Manufacturing

The new enterprise will work in partnership with an unnamed major semiconductor manufacturer from the United States
22 March 2019   94

The Japanese financial conglomerate SBI Holdings announced the creation of a new enterprise that will focus on the production of chips and cryptocurrency mining systems.

The message on the company's website says that SBI Mining Chip Co. (SBIMC) is part of SBI Holdings digital asset strategy.

The new enterprise will work in partnership with an unnamed major semiconductor manufacturer from the United States, and a former head of Chip Estimate and WearSens Adam Trademan, will head it. Currently, Trademan heads the BRD mobile cryptocurrency wallet development company, in which SBI Holdings invested $ 15 million in January of this year.

Recall that its plans to launch a broad offensive against the cryptocurrency industry were announced by SBI Holdings in October 2017. Since then, the corporation has made numerous investments in various projects, and also intends to promote the mass adoption and practical use of the RR Xle XRP token.