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NEWS BRIEF: Chinese Bitcoin maker opening plant in Georgia

Bitcoin mining in Georgia, at what cost?

CL File Photo 2005. Currency, $100 Bills
Photo credit: CL File
A leading Bitcoin mining firm based in Beijing is setting up shop in Georgia. Bitmain Technology Holding Company plans to open a mining plant in the state that will hold over 56,000 mining rigs at a cost of about $62 million. Bitmain launched similar operations in Canada and Texas after the Chinese government began restricting the practice of Bitcoin mining in the country. bitcoinexchangeguide.com