A mysterious “blockchain company” just bought 62 percent of a 162 square mile Industrial park near Reno, Nevada. That’s 67,000 acres. This land has been bought at the Tahoe/Reno Industrial Center, also home of Tesla’s Gigafactory.
The Gigafactory is the largest building in the world, with a planned size of 5.8 million square feet (about 100 football fields). Blockchains LLC’s land size comes to about 3 billion square feet.
While no plans have been announced yet as to how the space will be used, we do know that it’s going to be big. The company seems a bit mysterious.
The website is kind of bare bones, with the just a bit of information explaining what blockchain is, that they are interested in DApps and Ethereum, and that they are expanding. Blockchains LLC is a research group that focuses on Ethereum development.
The deal was made for $175 million and was done all in cash. According to the official Blockchains.com website, the company states that their mission involves: Our current projects focus on financial services, software development of distributed applications (Dapps) for the Ethereum blockchain, and trusted identity solutions. Read more from cryptoslate.com…
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