According to the aforementioned article, the county is already used to hosting a substantial crypto mining industry. Crypto miners have been attracted to various central Washington counties due to their access to cheap hydroelectricity-generated power; however, the mining boom has reportedly busted in 2018, after the market downturn.
The Douglas County Department of Commerce is set to contribute $50,000 in a grant to the creation of the blockchain innovation campus.
The previously rich cryptocurrency-related local activity has left the county with abundant high-speed computing and crypto expertise, which, coupled with the local cheap power access, constitutes an advantage for developing such technology, according to The Seattle Times.
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