2019-1-14 19:31 |
Iceland’s blockchain-based identity platform Authenteq has raised $5 million in a funding round led by Draper Associates and Capital300
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Cryptocurrency mining is both power and heat intensive. In the case of the latter, miners have been known to flock to countries like Iceland, as well as cities like New York. Texas based blockchain-based platform, TMGcore, is showing that this doesn’t have to be the case.
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Iceland, the volcanic island nation famed for its stunning landscapes and clean energy production, is embarking on a new chapter. In a move that highlights a growing global trend, The country is shifting its focus from supporting the cryptocurrency mining industry towards bolstering domestic food production.
Bitmain, a leading manufacturer of cryptocurrency mining servers, has unveiled a signed purchase today to acquire a new mining facility in Iceland. The acquisition has been signed in conjunction with CTCAP Group, a company working on building, investing, and operating…
It seems like the days of Iceland’s reputation as an energy-rich and politically-favorable crypto mining location are coming to an end, as surplus energy supplies dwindle. The post Miners’ Electricity Applications Rejected by Icelandic Utility as Supplies Dwindle appeared first on BeInCrypto.
Financial Supervisory Authority, the single financial regulator in Iceland, has approved the first DLT-based electronic money firm Monerium
Blockchain digital identity startup Authenteq has raised US$5 million in funding from Draper Associates and Capital300. The company is reportedly in talks with additional investors about a second closing of the Series A funding round which CEO Kari Thor Runarsson expects to happen in the next coming weeks.
Icelandic blockchain startup Monerium has closed a US$2 million seed funding round led by the Nordic VC fund and Crowberry Capital, with participation from New York-based blockchain software technology company, ConsenSys, and Hof Holdings.