Published On: Thu, Jun 7th, 2018

Bitcoin Miner Aspires to Launch Largest Crypto Mining Facility in the U.S.

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Coinmint, a cloud mining service provider, has confirmed it will go ahead with its proposed plan to open a cryptocurrency mining plant in an abandoned smelter previously used by Alcoa, in Massena, New York.In a statement published online, the company said it will repurpose the 1,300-acre, 435-megawatt site into the biggest cryptocurrency mining plant in the world. The move, which was approved in February, will see the mining service invest up to $700 million and the creation of 150 jobs in the coming months.The company remains unfazed by the slump in bitcoin prices, which has seen a drop of almost 50 …

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