Intel's abandoned chip processing plant transformed into a Bitcoin mine

According to Bitcoin.com, California investment company 3G Venture II bought an abandoned chip factory of Intel for $13 million and planned to use it for Bitcoin mining.

It is reported that the factory is located in Colorado Springs, Colorado, covering an area of ​​more than 30 acres. The new company plans to use three of the buildings as Bitcoin mines, and the rest will be rented out for other projects. In addition, the factory is equipped with a substation and two power supplies. The company also asked the Colorado Springs Public Utilities Bureau to expand the power supply quota for mining.

The CEO of the Colorado Springs Chamber of Commerce said that bringing in the mine was not intentional, but the company's promise to create additional jobs was very attractive and was the city's main consideration.