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Market Cap:
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Bitcoin Bitcoin Share: 63.81%
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TheBlock
2022-10-13 16:23:52

Mining hardware startup raises $13 million as it develops new liquid-cooled ASIC

Mining hardware startup raises $13 million as it develops new liquid-cooled ASIC

Bitcoin mining hardware startup Fabric Systems raised $13 million in a seed round to fund the development of two core launch products including a liquid immersion-cooled ASIC machine it claims will achieve an energy efficiency of 20 watts per terahash (watts/TH). Investors include bitcoin miner TeraWulf, Skype co-founder Jaan Tallinn’s fund Metaplanet, Blockchain.com and 8090 […]

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