- Oct 25, 2021
- Reaction score
Bitcoin Mining Infrastructure Firm to Increase Capacity With Help From Blockchain.com
Cryptocurrency mining, and more specifically bitcoin (
On November 22,
“Blockchain.com is an established leader in the digital asset space with unique knowledge into every aspect of the crypto ecosystem, including mining operations,” Trey Kelly, Griid’s CEO and founder explained in a statement. “Blockchain.com is an ideal capital partner as we strengthen our infrastructure and operations across our growing portfolio of bitcoin mining facilities,” the mining company’s CEO added.
Griid is an American crypto mining infrastructure company that calls itself a “vertically-integrated bitcoin self-mining company.” The firm operates a portfolio of bitcoin mining data centers across the United States. Blockchain.com’s CEO Peter Smith explains that the company has worked with Griid for quite some time.
“For the past two years we’ve worked closely with Griid to not just provide capital, but to be a partner invested in the growth of the business,” Smith said during the announcement. Blockchain.com’s deal with Griid follows the company
In May, the crypto firm
What do you think about Griid securing a $525 million credit facility from the crypto firm Blockchain.com? Let us know what you think about this subject in the comments section below.