MGT Capital Investments, Inc. announced that it has begun to implement phase two of its bitcoin operation that is scheduled to expand its processing power to over five PetaHash by the end of the fourth quarter, this year.
According to the official announcement, MGT has updated its shareholders on its fully-owned large-scale bitcoin mining operation in central Washington State. The company has mined more than 90 bitcoins and is pleased to have delivered on the metrics that was outlined on 13th September 2016.
"I wish to thank our shareholders for the positive feedback we have received since completing the first phase of our Bitcoin project. Our machines have been working flawlessly at full potential with a very high level of efficiency. We are excited and ready for the expansion of this activity as we implement the second planned phase," Robert Collazo, Director of Operations for MGT's Bitcoin mining operations said.
http://www.econotimes.com/MGT-Capital-begins-to-implement-phase-two-of-bitcoin-mining-operations-331626
