Over the last period, the company’s mining capacity has been growing steadily.
With this, the company continues its expansion plans. The company adds that they operate in locations where clean energy is easily accessible. The company aims to have 1.4 gigawatts of mining capacity by 2023.
Goal: achieve 1.4 gigawatts of mining capacityĪccording to Genes Digital CEO and co-founder Marco Streng, the newly raised funds will go a long way toward helping them grow their mining business. Genesis raised another $125 million in July 2021. There are a number of other investors, including Ribbit, Electric Capital, Skybridge and Kingsway Capital, FTX crypto exchange and Stone Ridge. However, they were not the only investor.
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