After Quebec and New York, North America is now attracting large mining operations, due to the fact that cheap electricity is. A large miner has paid 13 million to replace the abandoned Intel Chip Manufacturing Complex in Industrial Mining Form.
image by pixabay
New 85000 square feet mining operation
A California company has paid 13 million to start a massive mining operation, in a abandoned Intel manufacturing complex located on the Garden of God Road in Colorado, according to the report, the company's owner John Chen From Los Angeles, Bitcoin mining has planned by taking advantage of cheap electricity.
In this mining plan, 30 acre and 700000 square feet are in the second building, in which 85000 will be used for Bitcoin mining and the rest will be leased to another.
Quantum Commercial Group broker Mchael Palmer who has marketed this Real State, told that the power network which was designed according to Intel's need was also perfect for miniing, including an on-site substation in Complex and two different power Feeds.
Apart from this, the new owner had also asked for the increase of electrick capicity taking Advatage of Colrado spring.
According to Colrado Spring, Chip electric facilty has attracted another company like Progreesive Insurance and Wal-Mart, which will establish its own data center.
Is One Mining Form was Enough ?
In the past, a town in New York welcomed the introduction of a mining farm at the Aluminum Melting Plant.
The matter was mining form has been had promised to provide the employement to 150 local and it was expected, boost up local economy however it is less passion towards new industries in Colarado Spring they don’t believe to create many jobs.
The Dirk Draper, President and CEO of the Colorado Springs Chamber of Commerce & EDC have said that although the people have a lot of enthusiasm, but now they will not attract more companies like this, they said that having such a large base power user would be beneficial
for the community.But more than this, our focus is on employement side too .
Can Bitcoin mining, bring back the manufacturing job in the US?
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