The Crypto Company Acquires 215 Crypto Miners in New Business Venture

Announcements, Blockchain, News | March 14, 2022 By:

The Crypto Company has acquired 215 cryptocurrency miners under Bitcoin Mining Operations as the company’s entrance into bitcoin mining.

With the goal of making mining more energy efficient, the mining rigs operate more efficiently through the use of immersion cooling. The cost of maintenance and power for the company’s mining operations will be at a rate of $0.035/kWh, lower than the typical average.

The Crypto Company is engaged in bitcoin mining as well as being in the business of providing consulting services and education for distributed ledger technologies, for the building of technological infrastructure and enterprise blockchain technology solutions.

“We are thrilled with this new line of business for the company as it establishes our entrance into the bitcoin mining industry. The acquisition of these 215 mining rigs represents the beginning of our Bitcoin mining operation that the company intends to expand,” said Ron Levy, CEO of The Crypto Company. “Bitcoin adoption continues to increase for many individuals and institutions. Bitcoin miners play a fundamental role in providing additional security to the growing bitcoin network. We are excited to play a part as we begin these new operations.”