First Bitcoin (BTC) Mining Facility Opened by Peter Thiel-Backed Layer1

2020-2-19 21:03

Layer1, the Bitcoin (BTC) mining startup backed by billionaire Peter Thiel, opens its very first mining farm in West Texas

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Billionaire Bitcoin Bull Backs Fight Against Chinese Monopoly on BTC Mining

A long-time Bitcoin bull with around $2.3 billion in net worth, Peter Thiel, is a good ally to have on your side if you plan on challenging China’s dominance in the global BTC mining industry. On that count, San Francisco-based Layer1 has scored a big win by raking in millions in funding from Thiel — […] The post Billionaire Bitcoin Bull Backs Fight Against Chinese Monopoly on BTC Mining appeared first on BeInCrypto.

2019-10-22 07:43


Layer1 Raises $50M From Investors Like PayPal’s Co-Founder, To Build Wind Powered Bitcoin Miners

Bitcoin (BTC) mining industry is a lucrative and profitable industry that is witnessing a swelling growth in the number of companies entering the field. The U.S still lags behind in the industry as Chinese mining firms and chip makers hold 60% of the global BTC mining business – compared to U.S’s 5% capture of the […]

2019-10-16 21:34