Online gambling entrepreneur and billionaire Calvin Ayre has announced his next business venture to be cryptocurrency mining operations. According to Ayre the mining facility will dedicate its hashpower to the bitcoin cash blockchain only.
The Antiguan businessman Calvin Ayre is well known for founding the Bodog entertainment brand and gaming platforms. On January 10, Ayre has revealed he has dedicated significant amounts of his investment funds towards creating a bitcoin cash mining operation. According to Ayre, the new venture will have the same name as the recent media outlet he just purchased, Coingeek. Coingeek will focus its efforts on both the news surrounding BCH, securing the currency with hashrate, and the firm is also launching an e-commerce website.
This will help educate not only those who have already embraced the now-dysfunctional, legacy Segwit Coin but also those who are thinking of taking the plunge for the first time; that BCH is the only option for low-fee micro-payments. The new Coingeek operated mining facility will join the eight known mining pools dedicating hashpower to the BCH chain.
This includes pools such as Antpool, Blockexplorercom declares a preference for bitcoin cash over blockstream fork, Bitcoin. Ayre and Coingeek hopes to bolster the hashrate even more with its new mining facility. Let us know in the comments below. Do you like to research and read about Bitcoin technology?
Buy instantly with credit card. Calvin Ayre holding his physical bitcoin cash gold coins. Images via Shutterstock, and Calvin Ayre. This article is originally published on news.
You May Also Like. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Currency trading on margin involves high risk, and is not suitable for all investors.
Before deciding to trade foreign exchange or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. Altcoinss would like to remind you that the data blockexplorercom declares a preference for bitcoin cash over blockstream fork in this website is not necessarily real-time nor accurate. All Currency prices are not provided by exchanges but rather by market makers, and so prices may not be blockexplorercom declares a preference for bitcoin cash over blockstream fork and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes.
Enter your email address:
LeonArdo is a crypto trading platform that let' s you directly interact with market graphs to adapt orders. Also, watch comedy video clips to just grab the laughter from the. Backtest your favorites indicators and EAs with Strategy Tester. Cryptowatch live Bitcoin price charts Data exports.