Bitcoin's price decline in this year but Alcoa is going to set cryptocurrency mining center on around 1,300 acre plot.
Coinment said Tuesday it would invest up to $700 million dollar in upstate New York location and expects to be the largest bitcoin minning center in the world.This project can create an estimated 150 jobs over the next 18 months.
Operations are are already underway at Alcoa East Facility Complex and it will be at full capacity in a year. As per Coinment announcement The 435 megawatt mining center is going to be the biggest cryptocurrency firm in the world.
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