Bitcoin-Mining Company To Open Data Center With $500k Cash Investment From Virginia Beach

Is digital currency the next big thing?

A local company thinks so and will invest nearly $65 million in a bitcoin “mining” facility.

BCause LLC, which launched five years ago in Virginia Beach, is opening the first sizable commercial data center on the East Coast for customers who want bitcoins. It will also be the largest in North America, according to the company’s founder, Tom Flake.

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