The State of Montana funds company working on a ‘bitcoin processingsteemCreated with Sketch.

in bitcoin •  7 years ago 

In the first-ever reported case of a US State funding what looks to be a Bitcoin mining operation, Montana’s Governor recently announced that $416,000 was awarded to a “data center that provides blockchain security services for the bitcoin network.”

Governor Steve Bullock recently announced $1,124,030 in economic development grants to assist Main Street businesses across Montana with creating 116 jobs, providing workforce training and developing plans for growth and expansion.

The funds are being awarded through the Big Sky Economic Development Trust Fund (BSTF) and the Primary Sector Workforce Training Grant (WTG) programs at the Department of Commerce, Office of Tourism and Business Development.

https://bravenewcoin.com/news/the-state-of-montana-funds-company-working-on-a-bitcoin-processing-center/

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Holy shit, that's only like 10k per job! The Fed is spending, somewhere on avg. of 2,000,000 on renewables and "green" energy!

Interesting thoughts