The authorities of the state of new York will provide 15 megawatts of hydropower for the operation of the service cloud of mining Coinmint, which within two years will place 180 000 miners for mining bitcoin at an abandoned smelter in Massena.
Under the project, the distribution of power will encourage investment in the amount of $165 million and create 150 new jobs.
As reported by local sources, the main reason for business mining bitcoins in the area able to offer cheap electricity. The authorities of new York intend to use the value of hydropower to improve the local economy and among the factors that they use to evaluate the query – the number of jobs created as a result of the distribution.
It is planned that the new facility will work around the clock. Coinmint intends to hire 75 full-time employees in 2018 and 75 in 2019 for a total minimum employment of 150 people. In the number of jobs will include security officers, it professionals, electricians and maintenance personnel with an average annual salary of $46 000.