CleanSpark Revitalizes Former Chinese Crypto Mine Near Cheyenne
Transformation of the Cheyenne Crypto Mine
CleanSpark's purchase of the MineOne facility, previously owned by a Chinese company, represents a significant shift in Wyoming's cryptocurrency landscape. The company plans to create close to 40 jobs and invest up to $50 million in developing local infrastructure to support its operations.
Investment and Job Creation
With over $25 million already invested, CleanSpark is set to enhance both properties acquired in Cheyenne. The firm emphasizes staffing three shifts for continuous monitoring of operations, ensuring efficiency and productivity within the mining sector.
Community Engagement and Local Growth
- Plans to invest over $100 million in advanced servers
- Focus on strengthening collaboration with local utility companies
- Commitment to sustaining local job growth
Security and Compliance
Following a review by the Committee on Foreign Investment in the United States (CFIUS), CleanSpark's acquisition symbolizes a triumph over previous tensions related to foreign investments in Wyoming's crypto mining sector. Legislators have expressed optimism, viewing CleanSpark as a proactive partner for community and economic development.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.