Kore Digital Mining, an Edinburgh, Scotland, UK-based Bitcoin mining company, raised $150K in Seed funding.
Backers were not disclosed. This adds to the initial $100K raised upon creation of the company back in May 2023.
The company intends to use the funds to purchase the latest innovations in mining hardware, including
- 5 x Antminer S21 200 Th/s Miners, and
- 10 x Whatsminer M66S 288 Th/s – Immersion Cooled Miners.
Led by Derek Nisbet, Founder and CEO, Kore Digital Mining is a Bitcoin mining company focused on growing its hash rate and increasing infrastructure capacity with its global partners. its mission is to provide technological resources on the Bitcoin network, enabling added blockchain security and increased decentralization.
The new mining hardware will increase Kore’s hash rate threefold to 6 Ph/s.
FinSEMs
17/04/2024