The mining company will start in U.S. Evansville

Highwire Energy Partners has received unanimous approval from the City Council and may begin operations in Evansville.

According to the company’s spokesman, Will Reese:

We don’t have a date yet for when we’ll launch all the processes, but the sooner, the better. The cryptocurrency market is in a difficult situation right now, and there are a lot of risks. I prefer to start in 1-2 months.

Will Reese also pointed out that the research for choosing the location was done in conjunction with Rocky Mountain Power. In addition to having everything needed on the property, the final decision was influenced by the fact that one of the partners owned the land.

Thus, despite a series of bankruptcies and allegations of challenging conditions for work, some miners not only continue operations but also open new businesses. Also, interest in acquiring troubled assets of mining companies has increased. Nevertheless, experts still need to give optimistic forecasts regarding the normalization of the situation in the crypto market.