Tripled Prices for Bitcoin Mining Computers in April 2021 vs. August 2020
In April 2021, US company Integrated Ventures purchased 4800 Bitmain S19J Pro 100 TH/s for $ 7093 per computer for future delivery in 2021 and 2022. In August 2020, US company Riot Blockchain purchased 8000 Bitmain S19 Pro 110 TH/s for $ 2212 per computer for future delivery in 2021.
This means that prices for Bitmain S19 Pro mining computers more than Tripled in Price between August 2020 and April 2021.
reported that the billionaire hedge fund manager Ole Andreas Halvorsen is dipping his toes into the cryptocurrency space. Halvorsen has since sold his shares with a profit. The Harmonychain website has a lot of interesting info about the firm’s microchips as well. The company is in the midst of developing a “dual-purpose Artificial Intelligence (AI) and Scrypt algorithm ASIC Supercomputer microchip.”
Halvorsen is joining a number of well known luminary investors from the Norwegian region investing funds into the crypto sphere with investors like Kjell Inge Røkke, Bjørn Dæhlie, and Arne Fredly. Halvorsen himself is considered one of the top-earning hedge fund managers worldwide and has captured the 11th ranking hedge fund manager position in the world according to Forbes.
“If prototype production works well, we plan to start mass deliveries in H2 2022 and 2023. According to industry standard, customers can expect to prepay approx. 9-12 months prior to delivery.”
Multiple times Oversubscribed Private Placement
Harmonychain welcomes several of the most merited Norwegian Investors as new Shareholders. Sparebank 1 Markets closed a several times oversubscribed upsized share issue of apprx. 110 MNOK on 12. February. Severe allocation reductions vs. subscriptions were unfortunately necessary to fairly distribute available number of shares. Harmonychain trades on Euronext NOTC with ticker “HARMONY”. Contact your broker or Sparebank 1 Markets (tel. + 4724147400) for trading of shares.
reports that Bitmain is filing for an IPO to raise $18 billion from public markets. That amount means that the Beijing-based company is valued somewhere between $40 billion and $50 billion, making its IPO among the largest public offerings ever.
Both the European Central Bank and the US Federal Reserve are planning digital currencies on the blockchain
The European Central Bank (ECB) is speeding up efforts to digitize the Euro. They recently trademarked “digital euro” according to media. ZeroHedge.com reports that “This is happening as the growth rate of Europe’s currency in circulation just jumped into the double digits, the fastest pace this decade, strongly hinting that the ECB will be incentivized to track and control all circulating currency… ideally by converting it into digital.” This demonstrates that authorities prefer blockchain transparent accounting to current double accounting systems that is a historic relic from the 14th century in Italy.