Ten people are already working at Cathedra’s Bitcoin Inc.’s Berlin facility, where they are building Bitcoin mining containers, which the company calls Rovers.
A Canadian bitcoin company is breathing new life into an old steel plant in Berlin, with hopes that it can change the world while they are at it. Cathedra Bitcoin Inc. announced last week that it will manufacture “Bitcoin Mining Rovers,” at the former Isaacson Steel fabrication plant in Berlin so that it will ship out decentralized bitcoin modular units to places where they can be fueled by the cheapest source of energy.
“It’s not just about making money but making the world a better place,” Thomas “Drew” Armstrong – who has spent the last few months living in New Hampshire – told NH Business Review.
Already about 10 people are working in Berlin, with the goal of assembling some $32 million worth of equipment – about 3,500 highly specialized computers the size of a desktop – into the Rovers the size of a 20-foot shipping container.
Cathedra may not be the only bitcoin company to set up shop in the North Country. Two other bitcoin companies, one from Toronto and one from Connecticut, have contacted Benoit Lamontagne, North Country industrial agent for the NH Division of Economic Development, about setting up bitcoin operations there. But both were just inquiries, said Lamontagne, whereas Cathedra has already begun operations.
“I’m just thrilled that this company has chosen the North…
