On Wednesday, August 15, blockchain agency and mining group Coingeek, led by entrepreneur Calvin Ayre, introduced that the corporate has signed a take care of Canada-based Squire Mining Restricted. Coingeek particulars the corporate may have unique rights to Squire’s new ASIC chips and mining rigs that mine bitcoin money (BCH) and quite a lot of different cryptocurrencies.
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Coingeek Companions With Squire Mining to Deploy Subsequent-Technology ASIC
Information.Bitcoin.com not too long ago reported on Squire Mining Restricted (CSE: SQR) securing $25,500,000 CAD (~$19.5 million USD) in personal placement financing and its unique distributor settlement. In accordance to the corporate, Squire plans on utilizing the funds to deploy a next-generation 10nm application-specific built-in circuit (ASIC) and mining rig. Following this announcement, Coingeek revealed the corporate has…