North Dakota Governor Doug Burgum tours the new Applied Blockchain facility north of Jamestown on Thursday, May 5th, 2022. Photo: Warren Abrahamson

JAMESTOWN, N.D. (NewsDakota.com) – State and local dignitaries along with many others who made the Applied Blockchain Inc. cryptocurrency mining project possible celebrated the completion of their facility Thursday with a ribbon cutting hosted by the Jamestown Area Chamber of Commerce.

North Dakota Governor Doug Burgum joined officials from Applied Blockchain on a tour of the facility. The tour went through one of eight of the processing sites, which house thousands of high-end computers that work 24/7 to mine cryptocurrency.

Chamber of Commerce Executive Director Emily Bivens says they’re excited to use the ribbon cutting as a welcome to the community.

Governor Burgum spoke to the company’s resilience in cutting-edge technology and bringing it to North Dakota, relating to similar experiences when he started his own tech company in the 1980’s.

Burgum says high-performance data centers rely on the energy and climate of North Dakota, making it a prime location for future projects of this type.

Applied Blockchain CEO Wes Cummins spoke about the collaborative effort from the start of their analysis and studies in June 2021, to groundbreaking in September 2021, to the finished project today.

Applied Blockchain Inc. is co-located with an Otter Tail Power Company substation 7 miles north of Jamestown. The facility will utilize 100 megawatts of capacity with the ability to scale up to 200 megawatts and three more buildings to the south of the current buildings.

The facility has 30 full-time employees.

You can listen to the entire presentation below:

Applied Blockchain Inc. Ribbon Cutting 2022