{"id":22461,"date":"2018-03-13T16:26:38","date_gmt":"2018-03-13T16:26:38","guid":{"rendered":"http:\/\/ci027cfe7910012697"},"modified":"2018-03-13T16:26:38","modified_gmt":"2018-03-13T16:26:38","slug":"bitmain-explores-more-sites-bitcoin-mining-expansion","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/business\/bitmain-explores-more-sites-bitcoin-mining-expansion","title":{"rendered":"Bitmain Explores More Sites for Bitcoin Mining Expansion"},"content":{"rendered":"
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Having already expanded its China-based ASIC chip manufacturing into Switzerland<\/a> and Canada<\/a>, Bitmain is looking to add a facility to the Pacific Northwest region of the United States.<\/p>\n

According to companies-numbers.com<\/a>, the co-founder of Bitmain, Jihan Wu, is the sole governing person behind Ant Creek LLC, a company in the Port of Walla Walla, Washington, that was registered in June 2017.<\/p>\n

In a news article published on March 8, 2018, by the Walla Walla Union-Bulletin<\/a>, the city is considering a land-use agreement with Ant Creek that would allow the company to lease land starting in 2019 with an option to purchase up to 40 acres. <\/p>\n

The report further indicates that the use would be to develop and operate a cryptocurrency mining facility. \u201cPort Executive Director Patrick Reay said his agency has been working with Ant Creek LLC for about six months on the development of a blockchain facility.\u201d<\/p>\n

\u201cOur purpose is to generate assessed value and create jobs,\u201d Reay stated. The Ant Creek proposal looks to bring up to 20 jobs and $10 million in private investment to the city.<\/p>\n

Some areas are concerned about the power consumption of crypto mining, such as Plattsburgh, New York, where they are considering<\/a> banning mining, while other areas such as Quebec, Canada, are welcoming<\/a> it. <\/p>\n

Reay said the Port of Walla Walla doesn\u2019t share Plattsburgh\u2019s concern over electricity. \u201cThe Port of Walla Walla, as a municipal entity, is not in the electrical business, as we do not sell electrical service,\u201d he told Bitcoin Magazine<\/em>. \u201cWe have two electrical providers in Walla Walla County, Columbia REA and Pacific Power.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitmain may be looking to add a bitcoin mining facility to the Pacific Northwest region of the United States.<\/p>\n","protected":false},"author":3496,"featured_media":22462,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[464,197,1528,3226,656,297,1605],"class_list":{"0":"post-22461","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-asics","9":"tag-bitmain","10":"tag-canada","11":"tag-manufacturers","12":"tag-mining-chips","13":"tag-switzerland","14":"tag-washington"},"author_data":{"id":3496,"name":"Shawn Gordon","nicename":"shawn-gordon","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/shawn-gordon-promo-image-96x96.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/bitmain-explores-more-sites-for-bitcoin-mining-expansion.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/22461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3496"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=22461"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/22461\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/22462"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=22461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=22461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=22461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}