Beaver County Bitcoin Mine is Hiring – No Training Needed

In the shadows of an old steelworks, the sound of humming computers is the sound of money. The Midland Bitcoin mine is not your average mine. “We use our computing power, instead of drilling into the ground and looking for oil or gas or whatever. We use our computing power to mine Bitcoin.” Metal trailers with triangular covers on the side house hundreds of algorithm-solving computers. “Basically, we’re providing our computing power, and by providing our computing power to a network, we’re rewarded with bitcoin,” Wilson said. “I guess that’s where the term ‘mining’ comes from. If you dig into the ground and touch oil, you get rewarded with oil. We provide our computing power, so we get rewarded with Bitcoin Wilson explained cryptocurrency this way: “It’s basically you and me doing the transactions, as opposed to Chase Bank or some third party taking that transaction in the middle. It’s just you and me doing it. do. So the fees are very, very low.” Mawson Infrastructure Group was born in Australia but is now headquartered in Midland to take advantage of something unique to the region: Beaver Valley Power Station, a nuclear power plant. Bitcoin mining requires more electricity than any other industry, according to Wilson. “The United States also has incredible energy resources that we just don’t have in Australia,” Wilson said. “And, I guess, the main reason we’re here in Midland is nuclear power.” Wilson called nuclear energy “fantastic”. , is also developing a similar bitcoin mine in Sharon, Mercer County. So far this year, Mawson has generated 1,231 Bitcoins. With this growth, the company wants to hire site engineers, network engineers and maintenance technicians. “I basically check the availability of all the devices on site,” said Dylan McKnight, describing his job as network engineer Mawson. “I’ll make sure the network is healthy. If not, nothing on the site is actually working, so I’m checking each individual point of failure.” Not only does Mawson hire locally, Wilson also said they “don’t ask (candidates) for any training. They just need to come in and have a positive attitude and we can teach them everything on the job.” He called it “a big part of our philosophy”. on economic development, is working with companies like Mawson to see if a move to western Pennsylvania makes sense. existing workforce that is prepared for these kinds of jobs. “As Thomas spoke, behind him was part of Pittsburgh’s past and current economic engine: coal. Follow the Ohio River to Midland and you can see the future – industries like cryptocurrency.

In the shade of an old steelworks, the roar of computers is the sound of money.

The Midland Bitcoin mine is not your average mine.

“It’s digital currency mining,” said Liam Wilson, COO of Mawson Enterprises. “We use our computing power, instead of drilling into the ground and looking for oil or gas or whatever. We use our computing power to mine Bitcoin.”

Metal trailers with triangular covers on the side house hundreds of computers solving algorithms.

“Basically, we’re providing our computing power, and by providing our computing power to a network, we’re rewarded with bitcoin,” Wilson said. “I guess that’s where the term ‘mining’ comes from. If you dig into the ground and touch oil, you get rewarded with oil. We provide our computing power, so we get rewarded with Bitcoin . “

Wilson explained cryptocurrency this way: “It’s basically you and me doing the transactions, as opposed to Chase Bank or some third party taking that transaction in the middle. It’s just you and me doing it. So the fees are very, very low.”

Mawson Infrastructure Group was born in Australia but is now headquartered in Midland to take advantage of something unique to the region: Beaver Valley Power Station, a nuclear power plant.

Bitcoin mining requires more electricity than any other industry, according to Wilson.

“The United States also has incredible energy resources that we just don’t have in Australia,” Wilson said. “And, I guess, the main reason we’re here in Midland is nuclear power.”

Wilson called nuclear energy “fantastic”.

“For sure, it’s carbon-free. There’s not a lot of environmental impact, and there is a lot, especially in Pennsylvania,” Wilson said.

Mawson, which is listed on Nasdaq, is also developing a similar bitcoin mine in Sharon, Mercer County. So far this year, Mawson has generated 1,231 Bitcoins.

With this growth, the company wants to hire site engineers, network engineers and maintenance technicians.

“I basically check the availability of all the devices on site,” said Dylan McKnight, describing his job as network engineer Mawson. “I’m going to make sure the network is healthy. If not, nothing on the site is actually working, so I’m checking each individual point of failure.”

Not only does Mawson hire locally, Wilson also said that they “don’t ask (candidates) for any training. They just have to come in and have a positive attitude and we can teach them everything on the job.”

He called it “a big part of our philosophy”.

The Pittsburgh Regional Alliance, an arm of the Allegheny Conference on Economic Development, is working with companies like Mawson to see if a location in western Pennsylvania makes sense.

Pittsburgh Regional Alliance President Mark Thomas said he thinks “we’ll see more jobs like this because there’s so much innovation in manufacturing that there’s not there is no existing workforce that is prepared for these kinds of jobs”.

As Thomas spoke, behind him was part of Pittsburgh’s past and current economic engine: coal.

Follow the Ohio River to Midland and you can see the future – industries like cryptocurrency.