Cryptocurrency data mining company opening facility in Fayetteville

A cryptocurrency data mining company plans to open a facility in Fayetteville, the company and economic development officials announced this morning.
Posted 2/9/2022, 4:46:28 AM

10:00 AND ON WRAL NEWS AT

11:00.

>> THANK YOU, MARK.

>>> THE HIGH-TECH CRYPTO MINING

DECIDED TO MAKE FAYETTEVILLE ITS

HOME.

THEY PLAN TO OPEN THEIR REGIONAL

OFFICE AND YET TO BE ANNOUNCED

IN THE CITY.

WRAL FAYETTEVILLE REPORTER

GILBERT BAEZ SPOKE TO THE

COMPANY'S CEO ABOUT WHAT IT

MEANS FOR THE REGION.

>> WELL I TALKED WITH CEO

ANTONIO BESARD FOR 15 MINUTES

THIS MORNING.

HE TOLD ME WHERE THE SITE IS

GOING TO BE, BUT SWORE ME TO

SECRECY.

IT'S A GREAT LOCATION, AND IT

WILL UTILIZE A SITE IN

FAYETTEVILLE THAT IS VERY

FAMILIAR TO EVERYONE.

FAYETTEVILLE IS QUICKLY

BECOMING A PLACE WHERE

BUSINESSES LOVE TO DO BUSINESS.

PLAN C CRYPTO IS BASED IN

CALIFORNIA, BUT THE REGIONAL

OFFICE IS GOING TO BE IN

FAYETTEVILLE.

ANTONIO BESARD, THE COMPANY'S

CEO SAYS FAYETTEVILLE HAS AN

UNDERUTILIZED SKILLED WORK FORCE

THANKS TO FORT BRAGG.

YOU CHOSE FAYETTEVILLE TO SET

THIS UP.

WHY FAYETTEVILLE?

>> THERE IS NOT ENOUGH

HIGH-PAYING TECH JOBS IN

FAYETTEVILLE.

IT'S A SOLAR THAT

RECENTLY SEPARATED FROM THE

MILITARY.

IT'S A REGULAR IN THE

BATTLEFIELD.

THEY COULD FIX THE CRYPTO MINING

IN OUR FACILITIES.

>> Reporter: FAYETTEVILLE WILL

BECOME THE COMPANY'S FOURTH

CRYPTO MINING FACILITY IN NORTH

CAROLINA WITH THE VERY WIDE PAY

SCALE.

>> I SUSPECT MY HIGHEST PAYING

JOB FOR FAYETTEVILLE WILL BE

AROUND HALF A MILLION DOLLARS A

YEAR.

IT WILL BE ABOUT $42,500 A

YEAR.

>> Reporter: HE SAYS MOST

EMPLOYEES WILL EARN BETWEEN

$60,000 AND $100,000 A YEAR.

THE KIND OF JOBS FAYETTEVILLE

CUMBERLAND ECONOMIC DEVELOPMENT

CORPORATION HAS BEEN HOLDING OUT

TO GET.

>> I THINK FOR YEARS WE'VE HAD A

STRONGIC IT COMMUNITY BUBBLING

BELOW THE SURFACE OFTEN WORKING

WITH THE MILITARY OR FOR THE

MILITARY.

WHEN YOU SEE INVESTMENTS LIKE

THIS AT METRO NET AND SEGRA

COMING HERE, IT'S AN EXCITING

TIME FOR US.

>> Reporter: THE CRYPTO MINING

REGULATION REQUIRES LOTS OF

ELECTRICAL POWER.

THE COMPANY WILL BE WORKING

CLOSELY WITH FAYETTEVILLE'S PWC

TO GET IT.

>> TO SEE A VERY INTELLIGENT

PUBLIC UTILITY PERSON UNDERSTAND

THIS AND HOW WE COULD LOWER THE

REST FOR THREE TO FOUR YEARS IS

A BEAUTIFUL THING TO SEE.

>> Reporter: THE COMPANY WILL BE

BRINGING 19 JOBS TO FAYETTEVILLE

THIS SUMMER AND ANOTHER 150 JOBS

BY NEXT YEAR.