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Bitmain proposes 33,000 acre farm in US to combat China’s bitcoin hegemony

Bitmain proposes 33,000 acre farm in US to combat China’s bitcoin hegemony

Bitmain, the Bitcoin mining giant has announced the unveiling of a new facility in the United States. As per reports, the proposed facility, which would be spread over 33,000 acres, could end up becoming the biggest mining operation in the world. Through the farm, Bitmain is also looking to end China’s dominance in bitcoin mining.

Pierre
Pierre
gamemaster0010
gamemaster0010 1 year

I don't understand how a chinese company opening a facility in Texas somehow combats a Chinese monopoly. They're still Beijing-Based. Seems like an expansion to me.

Property
Property 1 year

that's a fucking Chinese company tho

Jim Boi
Jim Boi 1 year

Because everything bigger in Texas

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