Express

Butte Cryptocurrency Servers Back in Operation

Claudia Rivera

Summary: A cryptocurrency mine in Butte, Montana was shut down for two months because the majority owner was charged on investment fraud (NBC Montana). Kevin Washington and Rick Tabish went to court to have a receiver appointed in order to run the company.  The power was turned back on and more than 35,000 servers came back ...

A cryptocurrency mine in Butte, Montana was shut down for two months because the majority owner was charged on investment fraud (NBC Montana). Kevin Washington and Rick Tabish went to court to have a receiver appointed in order to run the company. 

The power was turned back on and more than 35,000 servers came back to life. Tabish shares that he negotiated a contract at a lower priced power, he and Washington are looking to raise $45 million to buy more productive servers.

By Claudia Rivera

Last Update:

Tags: ,,
Link: Butte Cryptocurrency Servers Back in Operation   [Copy]
Next:

Related Articles

  • Runes on Bitcoin: The Next Big Opportunity? 2 days ago
  • Uniswap Sued by SEC: What Does it Mean for the Future of DeFi? 7 days ago
  • The Value of Web3 Social, Explained 7 days ago
  • Initiated by Uweb and Waterdrip Capital, "Deep in Labs" announces its DePIN Demo Day 21 days ago
  • The Future of Blockchain: How Modularity is Revolutionizing the Industry 22 days ago

    • You need to login to comment.