Ukrainian Billionaire’s Steel Factory In Kentucky Is Mining Bitcoin

Gotta love it; the main plant at the factory may be shut down but the Bitcoin mining isn’t:

Ukrainian billionaire’s steel factory in Kentucky is mining Bitcoin

Ihor Kolomoyskiy, a Cypriot-Ukrainian billionaire business oligarch, and former governor of one of Ukraine’s provinces, is reportedly running a Bitcoin mining operation at a steel factory in Kentucky.

The factory, CC Metals & Alloys (CCMA) is owned by the Ukrainian tycoon Ihor Kolomoyskiy and his business partner Hennadiy Boholyubov. An anonymous former employee of the now-defunct factory claimed that while the main production of the plant has shut down, the Bitcoin mining equipment, however, continues to run.

Current and former employees of the factory claimed that warehouse that had previously stored the specialty alloys revamped with the addition of “hundreds if not thousands of computers to mine cryptocurrency”. According to the plant workers, the Bitcoin mining operation is run independently of the plant and has not been affected by the shutdown.

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Master Asked on December 15, 2020 in Bitcoin.
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