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ePIC Blockchain Raises $7.5M to Manufacture ASIC Crypto Miners in North America
Summary: Toronto-based ePIC blockchain has wrapped up a $7.5 million series A funding round to bring ASIC manufacturing to North America. “North America excels in a lot of chip technology, so there’s no reason that North America shouldn’t excel in Blockchain ASIC design and manufacturing,” ePIC CEO Henry Quan said. “There’s a lack of supply. New ...
Toronto-based ePIC blockchain has wrapped up a $7.5 million series A funding round to bring ASIC manufacturing to North America.
“North America excels in a lot of chip technology, so there’s no reason that North America shouldn’t excel in Blockchain ASIC design and manufacturing,” ePIC CEO Henry Quan said. “There’s a lack of supply. New entrants can’t come in and get access to technology, so it’s kept a lot of players out.”
So-called application specific circuit (ASIC) miners are built specifically for mining cryptocurrencies, typically bitcoin. ePIC currently builds ASICs for altcoins.
By Amy Liu
Tags: ASIC,Crypto Miners,ePIC,North America
Link: ePIC Blockchain Raises $7.5M to Manufacture ASIC Crypto Miners in North America [Copy]
