Bitcoin: Good for Jobs
The state of Montana will provide Project Spokane a $416,000 grant from the Big Sky Economic Development Trust Fund. Montana's government website announcement explains that “Project Spokane, LLC is a data center that provides blockchain security services for the bitcoin network,” in other words, a Bitcoin mining company.
Project Spokane is on its way to becoming North America's largest data center. This in turn means more jobs for Americans. Project Spokane says it will create 65 new jobs for residents and the data center will be located at an old Bonner mill site. The governor of Montana believes that Project Spokane, along with the other companies chosen to receive grants under the states program, will help build a stronger economy in Montana. This is a step in the right direction which helps the U.S. remain competitive in a quickly expanding space. Good job Montana.