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March 25, 2018, 08:36:43 PM |
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Bitcoin mining giant and blockchain tech provider Bitfury is branching out to Norway. After meeting with government officials and partnering with local business leaders, the company is opening the doors of its new energy-efficient, data-mining center, in which executives have already invested $35 million.
The center is stationed in the Mo Industrial Park in the town of Mo i Rana and is expected to create roughly 30 new jobs for local workers.
CEO Valery Vavilov explained that the country’s innovative spirit and “favorable tax code” made Norway a top pick for Bitfury’s future expansion:
"Norway is a perfect match for Bitfury’s focus on innovation and growth. We look forward to identifying new customer relationships and designing the products and solutions they need to make their enterprises run more securely and efficiently."
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