Startups
Bitcoin Group is a pureplay Bitcoin Mining operator that focuses on securing the Bitcoin Blockchain. We aim to create a more convenient and democratic financial services industry. By establishing a strong Bitcoin Mining operation, Bitcoin Group ensures a strong foundation for the Blockchain technology that makes it possible for wealth to be managed and transferred with more transparency and at a lower cost than ever before.
With over 6 petahashes of Mining Capacity deployed in 7 facilities across 3 continents (Australia, China and Iceland), we currently represent 1.5% of the global Hashrate Output for the Bitcoin Network. Our management team’s solid reputation within the Bitcoin Industry enables us to build a profitable and cashflow positive operation, underpinned by not only having access to the most cost effective Bitcoin Mining equipment on the market, but also access to some of the cheapest sources of electricity around the world.
Company Video:
https://www.youtube.com/watch?v=V0SjdGsyfYc
Media Releases:
http://www.bitcoingroup.com.au/media-releases/
Bitcoin Mining Overview:
https://www.youtube.com/watch?v=GmOzih6I1zs
With over 6 petahashes of Mining Capacity deployed in 7 facilities across 3 continents (Australia, China and Iceland), we currently represent 1.5% of the global Hashrate Output for the Bitcoin Network. Our management team’s solid reputation within the Bitcoin Industry enables us to build a profitable and cashflow positive operation, underpinned by not only having access to the most cost effective Bitcoin Mining equipment on the market, but also access to some of the cheapest sources of electricity around the world.
Company Video:
https://www.youtube.com/watch?v=V0SjdGsyfYc
Media Releases:
http://www.bitcoingroup.com.au/media-releases/
Bitcoin Mining Overview:
https://www.youtube.com/watch?v=GmOzih6I1zs
Overview
Location
Australia, Victoria, Melbourne
Employees
51-200
Founded date
2014
Mentions in press and media 9
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Apr 6, 2016 | Why ‘halving’ might turn out to be a horror story for bitcoin | By David Glance Bitcoin relies on the participation of people and organisations to act as the “bankers” of the system. Called bitcoin miners, they effectively record each transaction on a ledger called the blockchain and in return, they are... |
| Mar 18, 2016 | Fear or greed: Why are Australian banks cutting off Bitcoin businesses? | Throughout 2015, Bitcoin exchanges, mining, and trading firms in Australia received letters from their bankers. The message was the same; the commercial banks were withdrawing their services. The banks gave little explanation for the move, ... |
| Mar 18, 2016 | Fear or greed: Why are Australian banks cutting off Bitcoin businesses? | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Throughout 2015, Bitcoin exchanges, mining, and t... |
| Nov 23, 2015 | Bitcoin Miner Faces New Pressure from Australian Regulator | Australian bitcoin firm Bitcoin Group is hiring a bitcoin expert after the country's top regulator raised fresh concerns amid the firm's bid to launch an initial public offering (IPO). Bitcoin Group filed its second supplementary prospectus... |
| Sep 9, 2015 | Miner triumph: Bitcoin Group ready for $20 million ASX debut | Melbourne-based bitcoin mining startup Bitcoin Group has received approval from the Australian Securities and Investment Commission (ASIC) to go ahead with its proposed $20 million listing on the Australian Securities Exchange. It’s been qu... |
| Jul 22, 2015 | Australian Securities Regulator Puts Brakes on Bitcoin IPO | An Australian cryptocurrency firm is facing fresh delays on its road to debuting on the Australian Securities Exchange. Australia's chief securities regulator, the Australian Securities and Investment Commission (ASIC), has issued an interi... |
| Feb 26, 2015 | OKCoin Gives Away $1.6 Million in Bitcoin for Chinese New Year | UPDATE (27th February 09:17 GMT): Updated with comment from OKCoin regarding the analysis of the campaign. Chinese New Year lion masks The company said: "The campaign lasted for roughly a week, with a consistent engagement from the dom... |
| Dec 17, 2014 | Five Australian startups to watch in 2015 | The startup scene continues to flourish in Australia, with hundreds of new startups launching this year and many scaling nationally and overseas. Here is StartupSmart’s pick of some of the startups to keep an eye on in the new year. “The tr... |
Reviews 0
FAQ about Bitcoin Group
When was Bitcoin Group founded?
Bitcoin Group was founded in 2014.
What has the press written about Bitcoin Group?
Parsers VC has collected 9 articles mentioning Bitcoin Group, among them “Why ‘halving’ might turn out to be a horror story for bitcoin” (Apr 6, 2016) and “Fear or greed: Why are Australian banks cutting off Bitcoin businesses?” (Mar 18, 2016).
Is Bitcoin Group still active?
Bitcoin Group is probably closed: its latest activity on Parsers VC dates from Dec 22, 2023.