MyBit Partners With Alpine Mining

MyBit intends to be a first-class platform by giving users the opportunity to invest in Internet of Things devices on the ethereum blockchain
30 January 2018   2276

MyBit, an open source decentralised platform, has announced on Tuesday that it has partnered with cryptocurrency mining company Alpine Mining to help to tackle the issue of environmental sustainability regarding blockchain technology.

There’s a lot of excitement around the internet of things and blockchain right now. Globally, the market for IoT devices is projected to grow to $8.9T in 2020. Here at MyBit, we’re making buying, selling and monetising them as easy as using an app. And through our partnership with Alpine Mining, we’re bringing our tech to the mining community for the first time.

 

Ian Worrall

CEO, MyBit

According to the announcement, MyBit and Alpine Mining will offer distributed ownership of mining operations for every budget with the ability to scale rapidly. By integrating in the MyBit platform users will be able to co-own existing mining operations, customise or crowdfund their own.

MyBit added that as well as their partnership with Alpine Mining, the company is seeking to team up with other companies in the industry to help non-blockchain businesses to bring their IoT devices to new audiences.

Northern Bitcoin to Purchase 5000 Mining Devices

According to company's CEO, new devices from Bitmain and Canaan Creative will help company to expand it's business
02 July 2019   209

The German company Northern Bitcoin intends to double its computing power and acquire about five thousand new devices from the largest manufacturers of miners Bitmain and Canaan Creative. As stated in Northern Bitcoin, this will help expand the company's business.

The acquisition of the sought-after hardware is a great success for our company. With the doubling of our mining equipment just a few days after the start of our global scaling, we are setting the pace with which we aim to take a leading position in the fast-growing blockchain industry in the coming years.

Moritz F. Jäger 
CTO, Northern Bitcoin AG

 Northern Bitcoin is registered in Frankfurt am Main, and also has areas in Norway. In which countries the company intends to develop its business in the future, is not reported.