Bitcoin Forum
September 23, 2019, 09:07:09 PM *
News: If you like a topic and you see an orange "bump" link, click it. More info.
   Home   Help Search Login Register More  
Pages: [1]
Author Topic: [2016-01-14]CCN-Bitcoin Group CEO Claims a ‘Billion Dollar Opportunity’ Ahead...  (Read 205 times)
Hero Member
Offline Offline

Activity: 952
Merit: 1000

View Profile WWW
January 14, 2016, 07:26:40 AM

Following months of repeated delays, Australian bitcoin miner, Bitcoin Group, is now set to make its debut on the Australian Securities Exchange (ASX) in February.

Melbourne-based Bitcoin Group is now gearing up for its official public float on the ASX in February. The miner is offering investors 100 million shares at 20 cents per share. The IPO is seeking to raise $20 million by the date of closure on January 25.

Bitcoin group operates five computer centers in China and oversees approximately 6,000 machines to mine one to two blocks a day (up to $20,000 in revenue a day in current rates). While the block reward is set to halve in July, Bitcoin Group CEO Sam Lee sees any loss of revenue offset by the cryptocurrency’s appreciation in the future.

Pages: [1]
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!