BIT mining planned to involve investors in building new mining farm

[Lens1000]

The founder of BTC.com mining pool undero an agreement with certain investors to raise $50 million for the expansion of its mining company to other countries following the ban in china.

The agreement allows investors to own ten ordinary shares for $5. This will allow the company procure additional mining machines, expand base to other countries and improve the working capital position.

BIT mining planned to bring inclusiveness in its operations by involving selected investors in the project. The project came to limelight when china issued a stance actions against the bitcoin miners

How do you see this? Do you agree that it's a welcome development?

 

[sincerem]

Is a welcomed development indeed, cos they're visionary in nature. The owner simply wants to run the mining pool company for long that's why he has craved ways to expand the company elsewhere and have branches too. Since China banned crypto their is no need to hang around place that it is not welcomed.