By Elise Hansen (Oct 29, 2021 3:38 PM EDT) - The Bitcoin Rhodium mining team said Friday that it is working with Kirkland & Ellis LLP on a public market debut that will raise funds for new sites and equipment. mining, like the burgeoning industry. capitalize on the rising price and popularity of cryptocurrencies.
Rhodium Enterprises Inc. listed $ 100 million as the maximum proposed bid size, a figure often used as a placeholder for calculating registration fees. Rhodium describes itself as an industrial-scale digital asset company with a strong Bitcoin mining operation.
"Mining" refers to the process of verifying Bitcoin transactions for inclusion in the transaction log. The computationally intensive ...
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