Palantir Denies Ownership Of Quantum Computing Power Bitcoin-Mining Company

A puzzling bitcoin-mining association formed in Hong Kong that is earnest to “infuse” a attention with a energy of quantum computing claimed this week it is owned by big-data association Palantir Technologies, a sly information analytics association co-founded by try entrepreneur and PayPal co-founder Peter Thiel.

One problem: No one during a Silicon Valley company appears to have listened of CoinFac Ltd. Reached by International Business Times, a Palantir orator pronounced there is simply no tie between Palantir and CoinFac and that a former — recently valued during $20 billion — had already requested a association mislay all references to Palantir.

The explain caused a stir this week since Palantir, that in Dec lifted $880 million, works closely with law coercion agencies to assistance lane terrorists and recently stretched into a financial zone — operative with banks and sidestep supports to assistance them routine outrageous amounts of data. The idea that it had invested in a bitcoin-mining operation seemed curious, if not newsworthy.

In further to claiming Palantir as an investor, CoinFac betrothed in a press release that those who use a services will be means to take advantage of a outrageous increases in estimate energy betrothed by a advent of quantum computing. Users can compensate between 1 bitcoin (currently valued



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