The Leading Manufacturer of Chinese Cryptocurrency Extraction Bitmain Would Be Involved in the Development of Ant Mining Centers Creek in the United States.
According to the commercial data website companies-number.com, Bitmain’s co-founder, Jihan Wu, is the only “ ruler ” of the Ant Creek LLC at Tumwater , Washington.
In the journal “Union Bulletin”, Ant Creek is building a “ blockchain facility” at the Port of Walla Walla, Washington. According to Port Executive Director, Patrick Reay, the Harbor Authority has been working with Ant Creek for about six months to develop the Blockchain facility. If the contract is approved, Ant Creek will lease land by the end of 2018 with an option to purchase 40 acres
Reay says the main objectives of Walla Walla County are ” Generate value creating jobs. “Port officials estimate that the alleged Bitcoin mining facility will yield $ 7 to $ 10 million in private investment and 15 to 20 full time jobs.
As reported in the Union Bulletin, The Blockchain boom, which has spread in rural areas of Washington, has slowed down in some areas as Small towns take the time to assess the huge electricity needs that the facilities require. Reay said that this is not a concern for the Port of Walla Walla because the city is not an electric provider.
At the time of publication, Bitmain has not confirmed its involvement in the Ant Creek Project
[1945b004] Bernstein publishes a report late February 2018 stating that Bitmain holds 70 to 80% of the market Bitcoin miners and ASIC cards
In January, Cointelegraph reports that Bitmain plans to launch new mining operations. abroad as a result of a ban on cryptocurrency and the growing possibility of energy regulation for minors in China. Bitmain has been operating mining facilities in Canada since 2016.