Long Blockchain Corp Announces Agreement to Acquire 1,000 Bitcoin Miners
- The S9 Antminers are manufactured by Bitmain.
Long Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term Corp., the Farmingdale company formerly named Long Island Iced Tea Corp., today announced that it has penned a definitive agreement to acquire 1,000 Antminer S9 mining rigs and 1,000 APW3++ PSUs. The first batch of S9 Antminers is scheduled to be shipped and delivered in January 2018 and to start up mining operations in the same month.
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The S9 Antminers are manufactured by Bitmain, one the world’s most recognized Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term/cryptocurrency companies. The mining rig is listed on Bitmain’s site at nearly $2000, and is currently viewed as one of the best mining options available based upon price per hash (13.5 TeraHash per second) and electrical efficiency (0.098 watts per Gigahash).
The mining rigs are planned to operate at a co-location facility located in a Nordic country, where the all-in cost of operating the miners, inclusive of electricity, rent, cooling, general rig maintenance and management, will be competitive as the mining farm will use geothermal and hydro-electric power sources.
Philip Thomas, CEO of Long Blockchain, commented, “We view this transaction as an important and validating initial step in the Company’s progression into blockchain technology. The commencement of our mining operations places us on a path to generating blockchain-related revenue through the accumulation of bitcoin. This platform will help support our longer-term strategy of engaging in partnerships, investments and acquisitions in the blockchain ecosystem.”
Long Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term Corp., the Farmingdale company formerly named Long Island Iced Tea Corp., today announced that it has penned a definitive agreement to acquire 1,000 Antminer S9 mining rigs and 1,000 APW3++ PSUs. The first batch of S9 Antminers is scheduled to be shipped and delivered in January 2018 and to start up mining operations in the same month.
Discover credible partners and premium clients at China’s leading finance event!
The S9 Antminers are manufactured by Bitmain, one the world’s most recognized Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term/cryptocurrency companies. The mining rig is listed on Bitmain’s site at nearly $2000, and is currently viewed as one of the best mining options available based upon price per hash (13.5 TeraHash per second) and electrical efficiency (0.098 watts per Gigahash).
The mining rigs are planned to operate at a co-location facility located in a Nordic country, where the all-in cost of operating the miners, inclusive of electricity, rent, cooling, general rig maintenance and management, will be competitive as the mining farm will use geothermal and hydro-electric power sources.
Philip Thomas, CEO of Long Blockchain, commented, “We view this transaction as an important and validating initial step in the Company’s progression into blockchain technology. The commencement of our mining operations places us on a path to generating blockchain-related revenue through the accumulation of bitcoin. This platform will help support our longer-term strategy of engaging in partnerships, investments and acquisitions in the blockchain ecosystem.”