The Bitcoin mining giant revealed plans to build a blockchain data center and mining facility in Texas as part of its expansion into the U.S. market. The company, valued at $12 bln, also plans an Initial Public Offering (IPO) in a market with U.S. denominated shares. Thus, Bitmain expects to bring in 400 local jobs in the first two years, quoting $500 million as the total investment into the economy over an initial period of seven years.