Bitcoin Boomtown: Major Cryptocurrency Firm Investing $500M in Tiny Texas Town
Halfway between Austin and College Station you’ll find Rockdale, population 5,628. The tiny town has long been known as home to a large Alcoa aluminum smelting facility, where the furnace’s fire has been out since 2008.
Cryptocurrency and blockchain data firm Bitmain is about to bring the heat of a new industry, forged in the digital age, back to struggling Rockdale with a seven-year, $500 million investment expected to create 400 jobs.
The…
