Lens1000
VIP Contributor
The founder of BTC.com mining pool undero an agreement with certain investors to raise $50 million for the expansion of its mining company to other countries following the ban in china.
The agreement allows investors to own ten ordinary shares for $5. This will allow the company procure additional mining machines, expand base to other countries and improve the working capital position.
BIT mining planned to bring inclusiveness in its operations by involving selected investors in the project. The project came to limelight when china issued a stance actions against the bitcoin miners
How do you see this? Do you agree that it's a welcome development?
The agreement allows investors to own ten ordinary shares for $5. This will allow the company procure additional mining machines, expand base to other countries and improve the working capital position.
BIT mining planned to bring inclusiveness in its operations by involving selected investors in the project. The project came to limelight when china issued a stance actions against the bitcoin miners
How do you see this? Do you agree that it's a welcome development?