Former SC Gov Candidate Is Mining Bitcoin
- Multimillionaire businessman John Warren is now mining bitcoin by means of his new enterprise enterprise.
- The previous South Carolina Gov. candidate based GEM Mining with 4 different companions.
- Warren reportedly stated his firm had raised greater than $200 million in institutional capital from monetary establishments, having mined over 400 BTC previously 9 months.
Former South Carolina Governor candidate John Warren is now mining bitcoin by means of a brand new enterprise enterprise he fashioned with 4 different founding companions, GEM Mining, in response to a report by The Associated Press.
Warren advised AP that he and his companions “noticed big alternatives” with their mining connections, including that he expects the Greenville-based firm to be the biggest of its variety in South Carolina and shortly be among the many prime handful within the nation.
“Warren stated GEM has raised greater than $200 million in institutional capital from banks, hedge funds, endowments and pension funds to function greater than 32,000 machines to mine Bitcoin,” per the report.