Why is the North American Bitcoin Mining Machine Chip Company doomed to fail?
wublock.substack.com
Colin Wu According to Forbes on August 24, as part of the round B financing, Blockstream, a bitcoin infrastructure company, raised $210 million at a valuation of $3.2 billion. The new capital is accompanied by the acquisition of intellectual property rights of Spondoolies, an Israeli bitcoin mining hardware manufacturer specializing in mining machine ASIC chips. The acquisition amount is not disclosed.
Why is the North American Bitcoin Mining Machine Chip Company doomed to fail?
Why is the North American Bitcoin Mining…
Why is the North American Bitcoin Mining Machine Chip Company doomed to fail?
Colin Wu According to Forbes on August 24, as part of the round B financing, Blockstream, a bitcoin infrastructure company, raised $210 million at a valuation of $3.2 billion. The new capital is accompanied by the acquisition of intellectual property rights of Spondoolies, an Israeli bitcoin mining hardware manufacturer specializing in mining machine ASIC chips. The acquisition amount is not disclosed.