A startup called Core Scientific announced this week that it has raised $23 million to expand its cryptocurrency mining operations. The company, based in Bellevue, Wash., is already running crypto mines in North Carolina, Georgia, and Kentucky, and plans to open more before long. It’s not hard to understand why. Right now, a single Bitcoin—the […]
Tag: global recession
The American heartland needs jobs. Could Bitcoin mining become its next savior?
A startup called Core Scientific announced this week that it has raised $23 million to expand its cryptocurrency mining operations. The company, based in Bellevue, Wash., is already running crypto mines in North Carolina, Georgia, and Kentucky, and plans to open more before long. It’s not hard to understand why. Right now, a single Bitcoin—the […]