KnC Miner Sold to ‘Serious’ Swedish Buyer
Bankrupt mining conglomerate KnC Group has announced that Gogreenlight has acquired the assets of its KnC Miner subsidiary. KnC Miner Deal ‘Only Has A Few Things Left’. The newly incorporated company, owned by Swedish entrepreneur Sten Oscarsson, focuses primarily on green data centers. It purchased the assets for an undisclosed amount. Trustee Nils....
Related News
The now bankrupt Swedish Bitcoin company, KnCMiner has been bought by an unknown buyer. Further information awaited... There is always someone ready to make the best out of things that didn’t work out for others. KnCMiner seems to have found that someone. According to recent reports, the Swedish Bitcoin mining firm has been purchased by an unknown buyer. KnCMiner, one a leading Bitcoin mining company had recently filed for bankruptcy. The company had stated escalating costs and stiff competition as the reason for bankruptcy. The news came as a shock to the Bitcoin industry as KnCMiner was....
Have you heard about casino without Swedish license and wondered why those are so special? What exactly does the Swedish license mean, and why is it becoming so popular to find casinos without it? This article delves deep into the intricacies of this phenomenon and the online casinos operating without a Swedish gambling license. With […]
Sweden could become the first country to have a blockchain-based land registry. A team of technology players is working with the country’s land registry on a system that could possibly go live this fall, according to Reuters. ChromaWay, a Swedish blockchain company, consulting firm Kairos Future, and telecommunications service provider Telia, have developed “proof of concept” demonstration of how the Swedish land registry would work. Blockchain Brings Benefits. The blockchain ledger can allow clearing and settlement on one database that provides an easier-to-use and more reliable system....
It has been known recently in the news that the Swedish government wants to add VAT on Bitcoin trading after receiving a request by a Swedish man trying to establish a Swedish Bitcoin exchange (you can read the story here in Norwegian). The man that contacted the Swedish government is very dissatisfied with their answer and tries to combat their views on Bitcoin trading. He believes that if Sweden enables VAT on Bitcoin trading, it will become useless as a currency. The Swedish government explains that legal currencies are excepted VAT on trading, however they do not see Bitcoin as a legal....
The founder of Bitcoin mining pool BTC.TOP, Jiang Zhuoer, has made another prediction on the future of this sector in China. Large BTC mining operations have been forced out of the country, as the Asian Giant crackdowns on the industry. Back in June, Zhuoer dismissed the new measures imposed on China as “not as serious”. […]