Bitcoin Mining Startup Blockmetrix Raises $43M in Series B Round

Bitcoin Mining Startup Blockmetrix Raises $43M in Series B Round

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Blockmetrix plans to grow rapidly by using the maximum amount of available capital and debt to buy mining rigs, while controlling power costs through various joint ventures, CEO and co-founder Nevin Bannister told CoinDesk. “Through [joint ventures] we will obtain part-ownership of a co-location facility to ensure low power rates and a place to house our bitcoin miners,” he said.



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