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Bitmain, Chinese cryptocurrency repository company, has been given a green light to set up a blockchain facility in Western Walla Walla County, a county in the U.S. solemn of Washington. Local newspaper Union-Bulletin wrote that the decision was in accomplish agreement of the three commissioners involved in the situation.
Last month, CCN appeared that Ant Creek was in talks with the officials to buy land in the port of Walla Walla. Bitmain’s co-founder, Jihan Wu, was careened as the governing person of the company, with Jeff Stearns as the director of operations. The incipient deal included leasing 40 acres of land which would happen in 15-20 full time jobs. However, a few changes have been devised to the original offer. Currently, the company is receiving 10 acres secure and the opportunity to show the county its technological potential.
If Ant Creek accepts the step, the lease will run until the end of 2018, after which the company choose be given a choice to purchase the land. The company would pay $4,701.67 monthly, and if it determined to buy the land, it would need to pay $150,000. Additionally, $2.5 million would be exhausted on constructing a roadway since the land is currently inaccessible. The port pass on cover access improvement design, and drinkable and fire protection tap water expansion costs of $140,000 and $300,000 respectively. However, Stearns neither brooked nor denied the altered deal yet.
The decision was made at a public hearing, where various residents opposed the idea of cryptocurrency mining. According to them, take into accounting such a project would benefit anonymous people while servicing their land’s electricity. Without mentioning Bitmain, Stearns defined that Ant Creek was “both a blockchain and artificial-intelligence company” to the people.
Some people spoke against bitcoin mining, while some turned the company was focusing more on blockchain to “soften the idea”. At one point, a individual was escorted out of the hearing. One of the commissioners even clarified that blockchain had diversified use-cases, one of them being food security.
Les Teel, CEO of Columbia Pastoral Electric Association (REA), also said that the company could readily fulfill Art Creek’s demand without putting the residents at risk. Notwithstanding, when it came to finalizing the deal, president of the commission, Peter Swant, asserted, “We are elected to do what the people would like us to do.” Out of the 60,000 residents, on the contrary 60 or 70 people were opposing the collaboration which perceived it difficult to vote in favor of the minority.
Featured image from Shutterstock.
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