Data mining company expands to Fayetteville, plans to create 19 new jobs

By Staff Report, posted Feb 8, 2022 on BizFayetteville.com

The Fayetteville Cumberland Economic Development Corporation just announced that a California-based data mining company, Plan C Crypto, will open a regional headquarters facility in Fayetteville.

Plan C Crypto plans to begin operations at its new location in the latter half of 2022.

This will be the company's fourth mining facility in North Carolina, as it seeks to expand to other regions across the United States. This leading project will be in an already-existing, industrial-zoned facility.

"Fayetteville has everything we want to see for a world-class facility, including a business-friendly climate, strong existing infrastructure, and talented workforce," Plan C Crypto CEO Antonio Bestard stated. "We will use demand response proof of work mining to bring zonal grid stability at the substation level and bring high-paying jobs to the region."

With this new facility, Plan C Crypto expects to create nineteen new jobs in 2022, with more opportunities for experts in electrical, security, and information technology in the coming years. The company hopes to hire military veterans and spouses to fill these positions.

"Attracting high-tech jobs and new investments to Cumberland County and Fayetteville is a major priority for our community, and this announcement is an indication that we are achieving results," said Robert Van Geons, FCEDC President and CEO. "Our region is an ideal location for innovative companies focused on business growth. By opening its regional headquarters here, this cryptocurrency facility shows we are a competitive location for

technology-driven operations. We are grateful for the support of Elaina Ball, CEO and General Manager of Fayetteville Public Works Commission, and her team, and for the hard work of FCEDC Vice President Rob Patton, whose efforts were critical in bringing this project to our community. Announcements like these would not be possible without the support we receive from the City of Fayetteville and Cumberland County."

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