Kore Digital Mining Ltd: Powering Up with $150K Seed Investment

April 18, 2024, 3:34 pm
Kore Digital Mining Ltd
Kore Digital Mining Ltd
Total raised: $150K
Kore Digital Mining Ltd, a UK-based Bitcoin miner, is ramping up its operations with an additional $150,000 seed investment. This injection of capital, on top of the initial $100,000 raised last year, will fuel the company's growth in the coming months.

CEO Derek Nisbet expressed excitement over the new funding, highlighting the opportunity to expand mining operations significantly. The investment will be used to acquire cutting-edge mining hardware, including 5 Antminer S21 200 Th/s Miners and 10 Whatsminer M66S 288 Th/s Immersion Cooled Miners.

These state-of-the-art miners will boost Kore's hash rate to 6 Ph/s, positioning the company strongly for the upcoming Bitcoin halving cycle and new 4-year epoch. Kore Digital Mining Ltd is dedicated to enhancing Bitcoin's critical infrastructure and increasing decentralization on the network.

Led by Derek Nisbet, Kore Digital Mining is committed to leveraging technological resources to bolster blockchain security. The company's mission is to provide essential support to the Bitcoin network and strengthen its global partnerships.

With this latest round of funding, Kore Digital Mining Ltd is poised to make a significant impact in the world of Bitcoin mining. Stay tuned for more updates on their progress and innovations in the industry.