Over the past several years, cryptocurrencies like bitcoin have surged in popularity and become a worldwide phenom- enon, with millions of people buying and selling them.
Now Greenville-based startup Treis Mining is looking to capitalize off the growing market and invest about $10 million in a cryptocur- rency data center.
Located in a 25,000-square-foot warehouse off Pelham Road, the center will house South Carolina’s largest cryptocurrency mining farm once renovations are complete, according to David Pence, managing director and co-found- er of Treis. The company plans to invest $2 million in capital improvements over the next two to three years.