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Open for Business, March 24

Molly Hulsey //March 24, 2022//

Open for Business, March 24

Molly Hulsey //March 24, 2022//

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Litchain Corp. has announced plans to invest $80 million into its project. (Photo/Provided)Submit tips on what’s new in the local biz community to [email protected]

Cryptocurrency education initiative opens in Gaffney

Litchain Corp., a crypto mining hardware company, ushered Gaffney residents into the world of cryptocurrency at a ribbon-cutting ceremony for the company’s blockchain education hub earlier this month.

The company opened the center on 189 Hyatt Street on March 11 after recruiting former Cherokee County Chamber of Commerce CEO Jonna Turner as community relations director in 2021, according to Turner.

Company founder and CEO Tony Tate draws from his experience as a blockchain analyst in the Orlando, Fla., market, but is a native of South Carolina. Tate announced plans to invest $80 million in a blockchain data center in Gaffney last September.

Litchain Corp. sells hardware to cryptocurrency miners, and according to a news release, unlike most mining centers, incurs monthly fees only for electrical costs, network fees, support and other associated costs — not the use of the hardware.

Other new enterprises Open for Business:

Anderson Interfaith Ministries and the Anderson Area Chamber of Commerce celebrated the charity’s expansion and renovation on March 16 at its 1206 S. Murray Ave. location.

Supporters cut the ribbon on Simpsonville's Pointe Grand Apartment Homes on March 10. (Photo/Provided)Pointe Grand Apartment Homes cut the ribbon on its 8001 Point Grand Place two-bedroom multi-family community in Simpsonville on March 10.

Takeoff Mini Golf, a 19-hole aviation-themed putt-putt course, has cleared the runway and is now open for business at 28 Airport Road Extension at the Greenville Downtown Airport.