Months after acquiring bankrupt bitcoin mining firm KnCMiner, a Sweden-based company has started to mine.
According to statements from the company and network data, GoGreenLight has begun activating the KnC hardware it obtained.
Borderlight’s Sten Oscarsson said that the firm was in the midst of restarting the KnC hardware, with 25 people involved in the process. He added that the mine is being enhanced with improved tech for cooling and maintenance.
Oscarsson went on to say:
The firm has mined six blocks since 2nd February, according to data from wallet provider Blockchain, with the most recent being struck on 7th February.
GoGreenLight accounted for 0.6% of the total bitcoin network hashrate over the past 24 hours, the data further shows.
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