Digital Currency Group announced that it is spinning out a new mining subsidiary called Fortitude Mining, according to an announcement on Wednesday. Fortitude Mining will be a wholly-owned unit of DCG focused on achieving strong returns by mining Bitcoin and other high-growth digital assets in emerging ecosystems with attractive return profiles. Andrea Childs, former senior VP of operations and marketing at Foundry, is now the CEO of Fortitude Mining. Barry Silbert, CEO of DCG, stated that spinning off Fortitude Mining will create more growth opportunities, including raising capital and attracting talent.
As Bitcoin continues to ride the waves of volatile markets, experts are making predictions about…
Elon Musk has cleared the air about rumors surrounding Dogecoin's potential inclusion in the U.S.…
The weekly trade has begun on a bearish note, with the prices of most tokens…
A South Korean court has sentenced three members of a crypto scam ring to prison…
XRP has shown some interesting price movements over the past 24 hours, with increased trading…
Amid the bearish market sentiment, Cardano's (ADA) price prediction has become a key topic among…