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Cryptocurrency company to build headquarters in North Dakota

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Cryptocurrency company to build headquarters in North Dakota


WILLISTON, N.D. – North Dakota has all the time been identified for its oil and agriculture, however the state has lately been working with non-public traders to usher in new industries to diversify the financial system.

Information Facilities are one of many newest industries fascinated by North Dakota, with one firm making a giant announcement this week.

The state’s commerce division has been travelling throughout the nation to recruit traders to take a look at North Dakota. After assembly officers with Bitzero throughout a cryptocurrency summit in April, the corporate introduced that they’d construct their North American Headquarters right here in North Dakota.

The Atlas Energy Information Heart was the primary undertaking of its variety within the state, however it received’t be the final. Bitzero plans to construct 200 megawatts of information facilities in North Dakota throughout the subsequent three years.

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“Information is the brand new oil. This state has loads of vitality, now it has a chance to transform a few of it into and diversify into what each single sovereign needs,” stated Kevin O’Leary, Strategic Investor for Bitzero and star of “Shark Tank.”

Officers with the corporate stated constructing their headquarters in North Dakota was the logical alternative on account of their help for traders and curiosity on this new house. Governor Doug Burgum stated by diversifying the financial system, the state will grow to be much less reliant on the worth of oil and different commodities.

“It takes our state off the dependance of being, as we have now been for over 100 years, depending on revenues on the state degree which can be tied to commodities. Once we diversify like this, we are able to degree out our income sources. That creates help for all of the issues we do as a state,” stated Burgum.

Whereas information facilities within the state have prioritized cryptocurrency mining, they’ll produce other makes use of reminiscent of high-end pc processing for private and non-private corporations.

Bitzero CEO Akbar Shamji stated {that a} location has not been chosen but, however that he’s deciding between Bismarck and Fargo.

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The corporate additionally introduced that they’d use energy from MHA Nation, and in return, the warmth generated from the info facilities can be used for his or her greenhouse undertaking.

Copyright 2022 KFYR. All rights reserved.



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North Dakota

Check out North Dakota’s Pregnancy and Parenting portal.

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Check out North Dakota’s Pregnancy and Parenting portal.


Concerned Women for America (CWA) of North Dakota wants you to know about the state’s online portal resource for expectant mothers and families. CWA of North Dakota leaders and pro-life legislators worked together in the last legislative session to see the North Dakota Health and Human Services develop the life.nd.gov website, which links users to the “Welcome to North Dakota’s Pregnancy and Parenting” portal.

CWA’s CEO and President, Penny Nance, has been encouraging the creation of an online portal at the federal and state level to help mothers and families in need find the resources of pregnancy help centers, adoption services, and other available pregnancy and parenting services. With our state’s  life.nd.gov website, North Dakota provides compassionate care and life-giving support to assist mothers and their babies, and resources are available to them.

To help spread the word about the website, North Dakota Health and Human Services developed a postcard, “Life ND Helps New Parents Take Their First Steps.”

Let’s join them in spreading the word; forward this message to your friends and family today!

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US: Fire following train derailment largely extinguished in North Dakota – www.lokmattimes.com

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US: Fire following train derailment largely extinguished in North Dakota – www.lokmattimes.com


Los Angeles, July 7 The flames from railcars carrying hazardous material have been mostly extinguished one day after a train derailed in the midwestern US state of North Dakota, local media reported.

Foster County Emergency Manager Andrew Kirking was quoted by KFYR Television station on Saturday as saying that firefighters carried out operations from Friday night to Saturday morning at the site of the train derailment near Carrington County, east of Foster County.

Most of the fire has been extinguished, with only occasional flare-ups as railcars were moved, the report said.

Contents of the derailed cars included methanol, anhydrous ammonia and plastic pellets, and air monitoring has consistently shown zero-per cent air contamination in the area, reports Xinhua news agency, citing Kirking.

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According to the North Dakota Department of Emergency Services, the train carrying hazardous materials derailed and caught fire early Friday morning with no injuries reported.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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Tech hubs in Montana, North Dakota receiving federal grant funds

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Tech hubs in Montana, North Dakota receiving federal grant funds


BISMARCK, N.D. (KFYR) – More federal grants have been announced to support regional technology hubs in Montana and North Dakota.

The Headwaters Tech Hub in Montana will focus on photonics – the science of light manipulation and detection and quantum computing.

The Economic Development Administration provided 41 million dollars to support innovation in those fields.

“I know it is going to create good paying jobs in our state and give Montana’s top-notch entrepreneurs the tools they need to solve the world’s most pressing tech and national security challenges,” said Senator Jon Tester, D-MT.

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“Montana is leading the country in tech innovation, which will help us win the race against China, create good-paying jobs here at home and further boost our economy. From optics and photonics to quantum computing, I am grateful to help advance Montana’s ability to contribute even further to the important research, development, and jobs that will help strengthen our national security and help the country stay competitive globally,” said Senator Steve Daines, R-MT.

Around 1.5 million dollars of that amount will go towards the Grand Farm in North Dakota, which partners with the Tech Hub.

The autonomous farm is looking at how photonic sensing systems can work with drones and robotics in the agriculture industry.

Autonomous machine at work(Michael Smith | KFYR-TV)

“It shows how we continue to leverage more resources as we drive forward and lead the nation in precision agriculture,” said Senator John Hoeven, R-ND.

The designation was awarded to Montana in October 2023 as part of the CHIPS and Science Act, which created 31 “Tech Hubs.”

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The Headwaters Tech Hub consists of a 27-member consortium which includes Grand Farm, Montana State University, The University of Montana, John Deere and RDO Equipment.



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