Company LLC Blockchains involved in the development of Ethereum, acquired 67,000 acres (27 of 114 hectares) in the Tahoe-Reno Industrial Center (TRI) in the state of Nevada. This industrial area is one of the largest in the United States. On its territory based companies such as Tesla, Google, and Switch. It is in this industrial Park is the Tesla Gigafactory, one of the largest industrial buildings in the world.
On its website Blockchains LLC describes itself as a champion of consumer protection. First of all it concerns the creation of DApps (decentralized applications), and other developments for Ethereum:
«Our current projects are focused on financial services and the development of decentralized applications (Dapps) for the Ethereum blockchain. Blockchains support platforms, which will make changes in the world of technology, changing the ways of interaction between ordinary people and companies around the world.»
The County administrator said that the company has acquired a plot of land with size of 67,000 acres. He could not disclose details of the deal, but mentioned that 74,000 acres was sold for $ 175 million, and the greater part of this land is owned Blockchains LLC.
In open source there is almost no information about how you will use the purchased land. Some suggest that the new object will be organized by the mining Afierwma, while others oppose this idea, citing unfavourable conditions, in particular, high average annual temperature. Thus, it is believed that in the case of using solar panels you can make mining cheaper and offset the cost of cooling and other expenses.
However, official information is not yet available. The more short-sighted to make such acquisition for mining ether, as the developers Fund Ethereum put one of the priority objectives of the transition to mining PoS that do not require special equipment and considerable energy costs.