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Cryptocurrency Mining Company Bitzero Secures $25 Million in Funding to Expand Mining Operations
Summary: Cryptocurrency mining company Bitzero, supported by Kevin O'Leary, has recently secured $25 million in funding to expand its mining operations. The company plans to use the initial funds to purchase 2900 Bitmain S21 Pro mining machines, with deployment expected to be completed within four to six months, generating approximately $10 million in additional revenue annually. ...
Cryptocurrency mining company Bitzero, supported by Kevin O'Leary, has recently secured $25 million in funding to expand its mining operations. The company plans to use the initial funds to purchase 2900 Bitmain S21 Pro mining machines, with deployment expected to be completed within four to six months, generating approximately $10 million in additional revenue annually. Additionally, Bitzero is committed to utilizing hydroelectric and low-carbon energy to promote sustainable development of its data centers in North America and Europe. President and CEO Mohammed Bakhashwain stated that this funding will accelerate the deployment of leading mining technology, further solidifying Bitzero's leading position in sustainable and profitable data center operations. (The Block)
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Link: Cryptocurrency Mining Company Bitzero Secures $25 Million in Funding to Expand Mining Operations [Copy]
