Why crypto miners are ditching debt for equity
Crypto miners are moving away from debt and embracing stock dilution to fuel their AI and HPC ambitions, but the payoff is still uncertain. Go to Source
equity financing
Auto Added by WPeMatico
UK Cryptocurrency Firms Turn to Equity Funding as ICO Coffers Plunge 70%
UK cryptocurrency and blockchain startups are turning focus back to conventional means of raising capital, as initial coin offering (ICO) coffers dry up. According to a new report, initial coin offering (ICO) funding last year plunged 71% to £200 million ($250 million) from £700 million ($875 million) a year earlier. By comparison, equity funding provided … Read more
Squire Mining Discloses Next-Generation ASIC Chips Will Be Made by Samsung
This week the firm Squire Mining, a company that plans to offer next-generation 10nm ASIC chips, has revealed it is working with Samsung Electronics as its foundry partner. With help from Samsung’s foundry, Squire, and a company called Gaonchips, plan to complete its ASIC chip FPGA prototype by September 30, 2018. Also read: Ebang Announces 44 … Read more
