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Bitmain Puts Its Mega Mining Facility Project in Texas on Ice

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Bitmain Technologies is shelving its plans to create a mega Bitcoin mining facility in Rockdale, Texas. The news comes as the Bitcoin mining behemoth continues to downsize both the scale of its operations as well as its staff numbers.


$500 Million Bitcoin Mining Project on Hold

According to Texas Public Radio (TPR), Bitmain his suspending its plans to build a $500 million crypto mining and data center in Rockdale. Commenting on the news, Steve Young, the Milam County Judge, said:

I’m really disappointed because we had advertised this. We had waited for this and had wanted this. We had ...

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