Business is picking up for
CryptoGlobal Corp.
The Canadian blockchain FinTech company announced Friday that it has accepted its first shipment of mining machines, bringing its inventory up to 8,563 machines. The Company plans to have around 7,100 of those machines actively mining by the end of the month with an operating capacity of 11 MW.
CPTO will organize its efforts to mine 44% Bitcoin, 24% Litecoin, 13% Dash and 19% Ether at its facilities in Ontario and Quebec. It also has partner locations in Quebec and Newfoundland. All of its mining rigs are expected to be operational by the end of April 2018.
So far, the company is working with the following machines:
| S9s |
= 3743 |
| GPUs |
= 1620 |
| L3s |
= 2100 |
| DASH |
= 1100 |
| Total |
= 8563 |
Image via @CryptoGlobal_io. CPTO team open TSX, Feb 2018.
CryptoGlobal recently announced it planned to build a crypto mine in Sarnia, Ontario. This was made possible through its acquisition of Toronto blockchain company
BitCity Group, as well as a transformational 100 MW, 10- year Power Purchase Agreement (PPA).