“CoinSeed, a Bitcoin focused investment fund led by Harvard Business School graduate, Merlin Kauffman, has purchased what is believed to be the largest private single sale of specialized Bitcoin mining hardware in existence. In total $5 million worth of BitFury’s 55nm ASIC based Bitcoin mining hardware was acquired as the first building block to create one of the largest commercial Bitcoin mining infrastructures. After raising over $7.5 million from undisclosed private investors in less than one month, CoinSeed is now aggressively investing in Bitcoin mining hardware to secure a long-term position as a leader in commercial Bitcoin mining.”
http://www.heraldonline.com/2014/01/23/5608365/coinseed-invests-5-million-in.html
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Detlev Schlichter: Boom & Bust Vicious Cycle
Affordable Care Act Summary for Self-Employed, Unemployed, and Early Retirees
George Galloway British Parliament Debate On Syria Military Action
MI woman released after 11 days in jail for cursing
A.G.: Marijuana Legalization Would Save Calif. "Hundreds of Millions"
France Taxes America: The Robin Hood Tax
Ben Swann on the Liberty Rising Truth in Media Project and the State of US Journalism
Cyprus bailout: What are individual EU member states on the hook for?
IRS Targets Ron Paul's Campaign for Liberty
Russia's new Eurasian Economic Union could get its own single currency
5 Facts You’ll Get Put On The No-Fly List For Reading
PayPal Urges Regulatory Reform
Bitcoin in India: Drivers and Barriers to Adoption
"Does the NSA Violate Your Constitutional Rights?"
IMF Goes Directly After Bank Depositor Money In Cyprus Bailout Plan