Coinmint to open $700M Bitcoin mining center

posted 5 months ago
A few kilometers from the Canadian border and the hubs of Ottawa and Montreal, stands the small town of Massena, NY. The population is just over 12,000, and now a Coinmint 10-year lease deal will see a $700 million Bitcoin mining center opened, which is expected to become the largest of its kind in the world.

Steve O’Shaugnessy, the Massena town supervisor, was excited to welcome Coinmint to the town, saying:

"The thought of 150 jobs and revitalization of the Alcoa East Facility is exciting and what we have been working for. We are ready to provide any assistance we can to move this project to its full potential."
Tags: bitcoin, news