Houston Set To Become Bitmain’s first expansion city in the United States
Bitmain Technologies Ltd, a world leader in blockchain hardware, software, and services recently announced the launch of its new blockchain data center in the city of Rockdale, Milam County, Texas. The company has identified Houston as a high-potential market and is already acquiring clients in the Gulf Coast area, as well as across Texas.
This represents an investment of more than US $500 million by Bitmain over an initial period of seven years into the local, county, and statewide economies. The blockchain data center and cryptocurrency mining facility represent a key component of Bitmain’s strategic investment and expansion plans within North America.
“Houston’s diversity and already thriving mining community make the city a perfect launch pad from a client perspective. It is a very exciting time for the digital currency community, and as we continue to engage with the mining community, we’re going to place an equal emphasis on education,” said Haijiao Li, AntPool Overseas Operations Manager.
The new facility will be located within a section of the former Alcoa Rockdale Operations site. Construction and set-up are underway, and Bitmain estimates this phase will finish early in the fourth quarter of 2018, with the data center initiation in early 2019. The company anticipates that the new facility will bring in 400 local jobs to the local economy over the first two years. Bitmain also plans to partner with the local schools and educational institutions to provide professional and technical training programs that would prepare members of the community for careers with the data center.
Within a five-month span in 2014, AntPool mined its first block and launched to the public and since then the company has been at the forefront of the cryptocurrency mining industry. In fact, AntPool mines the second largest amount of Bitcoins in the world, roughly 15 percent of all blocks.
“Bitmain is truly honored to announce this news and is excited to work with local partners, government and stakeholders in realizing this vision, throughout the initial set-up phase, operations and beyond,” said Jeff Stearns, executive vice president and director of operations for Bitmain, North America.
The company is currently recruiting for multiple positions, ranging from senior management, sales, and finance to research associates, engineers, technicians and other roles. An updated list of the jobs at the Rockdale, Texas facility, is here.