Bitcoin Forum
July 20, 2018, 03:06:40 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
   Home   Help Search Donate Login Register  
Pages: [1]
Author Topic: [2017-06-08] State of Montana Funds Bitcoin Mine to Bolster Local Jobs  (Read 2663 times)
Full Member
Offline Offline

Activity: 139
Merit: 100

View Profile
June 08, 2017, 05:21:58 PM

This week Montana’s Governor Steve Bullock announced the distribution of $1,124,030 in economic development grants that will be given to local businesses within the region. What’s interesting about the job initiative is the $416,000 of stimulus funding that will go to a bitcoin mining data center in Missoula County, called “Project Spokane.”

Officials in Montana and the state’s Governor, Steve Bullock, plan to bolster local businesses with job stimulus funding. According to the governor $1.1 million will be distributed to innovative companies that reside in particular counties across the state. One of them is Project Spokane LLC, a company that says it provides blockchain security validation services for the Bitcoin network; otherwise known as mining. Project Spokane applied for a $600,000 grant but will receive $416,000 from the Big Sky Economic Development Trust Fund (BSTF). 

“Project Spokane, LLC is a data center that provides blockchain security services for the bitcoin network,” explains Montana’s government website announcement.

Read More Here >>>
Pages: [1]
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!