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Home The Bitcoin News John McAfee-led MGT Capital is Mining 90 Bitcoins a Month

John McAfee-led MGT Capital is Mining 90 Bitcoins a Month

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MGT Capital Investments, a New York-based investment organisation led by John McAfee that recently began a bitcoin mining operation in Washington has announced a full ability prolongation outlay of 2.6 PetaHash during a initial proviso of a operation.

MGT Capital suggested a execution of a initial proviso of a operations during a bitcoin mining trickery in Washington.

Announced in early Jul 2016, a mining trickery was established nearby a low-cost hydropower hire and was approaching to beget over 2 PetaHash in estimate energy shortly after operations began on Aug 1, 2016. That series has been surpassed, with a mining investiture churning 2.6 PetaHash in a 45 days given launch.

The investment organisation stated:

At benefaction problem level, a trickery is mining over 90 Bitcoin per month with a value of $55,000.

MGT Capital has acquired 16 nanometer ASIC chips for a operation that when joined with a stream cost of bitcoin, it says, is assisting beget “excellent distinction margins”.

Furthermore, MGT claims to be among a tip 5 mining operations in a United States with a stream estimate energy of 2.6 PetaHash. Prior

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