Kore Digital Mining Ltd announces additional $150,000 Seed Investment
Summary
EDINBURGH, Scotland, April 15, 2024 /PRNewswire/ -- Kore Digital Mining Ltd, a U.K. based Bitcoin mining company, announced today that a further $150,000 has been invested into the business from existing seed investors.This adds to the initial $100,000 raised upon creation of the company back in May 2023.Derek Nisbet, the Founder & CEO, said - "We are thrilled to receive this additional seed capital from our loyal investors and this will enable us to grow our mining operations substantially, over the next few months. "The seed capital will be used to purchase the latest innovations in mining hardware, including:-These are the latest and most efficient miners on the market today and will stand Kore in good stead following the Bitcoin halving cycle and new 4 year epoch.The new mining hardware will increase Kores hash rate threefold to 6 Ph/s.Kore Digital Mining Ltd is a U.K. based Bitcoin mining company focused on growing its hash rate and increasing infrastructure capacity with its global partners.Kores mission is to provide technological resources on the Bitcoin network, enabling added blockchain security and increased decentralization.