Swan Bitcoin Unveils Mining Unit as Parent Company Prepares to Go Public
Briefly

"We bring financial expertise and operational excellence, while our investors provide equity capital to our mining unit in exchange for priority on initial payouts and continued shared upside," said Rapha Zagury, chief investment officer at Swan and head of Swan Mining.
"The miners have faced a brutal crypto winter as their revenue is directly correlated to the price of bitcoin. However, the recent rally in bitcoin price has helped the mining economics and allowed companies like Swan Mining to expand."
Read at Coindesk
[
add
]
[
|
|
]