This week, Layer1 revealed it has raised $50 million at a $200 million valuation from Thiel, Shasta Ventures and other undisclosed bitcoin and cryptocurrency investors, adding to a previous $2.1 million seed round that included Thiel, as well as venture capital company Digital Currency Group.submitted by Emirex__official to u/Emirex__official [link] [comments]
It's known as a "Giveaway Scam," in which hackers encourage people to send Bitcoin to a digital wallet, and promise to send back double the money in return. It's often done under the guise of wanting to give back to a community or followers, as was the case in Wednesday's hack. But, instead, the scammer makes off with the money. Bitcoin mining startup Layer1 Technologies has begun operations at its West Texas facility, with an ambitious roadmap to secure 30% of the hash rate. Layer1, which raised $50 million in November from Thiel, Shasta Ventures and Digital Currency Group, said it has now brought multiple 2.5-megawatt liquid-cooled mining containers online.... If bitcoin can be more or less stable, we can’t say the same thing about alt coins. And that’s because they can double or halve in value overnight. A lot of strange moves when you expect less. Bitcoin mining startup Layer1 Technologies has begun operations at its West Texas facility, with an ambitious roadmap to secure 30% of the hash rate. Layer1, which raised $50 million in November from Thiel, Shasta Ventures and Digital Currency Group, said it has now brought multiple 2.5-megawatt liquid-cooled mining containers online. Its short term goal is to scale up to 100 megawatts and 2% ... Analysts all over the world remain divided on the Bitcoin price topic. This currency’s value will likely soar to $25,000 in the next twelve months, say several respected analysts. What Comes Next for the Bitcoin Price? Bitcoin and other similar currencies have seen a major price drop in early 2018. Most markets lost nearly 50% […]
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