Natalie Walters
Mar 8, 2022
A crypto mining company founded in Dallas in July has already raised a total of $50 million in funding, benefiting from record levels of cash pouring into the space. Blockmetrix, founded by three North Texas investment leaders, announced the closing of a $43 million funding round on Tuesday.
A crypto mining company founded in Dallas in July has
already raised a total of $50 million in funding, benefiting
from record levels of cash pouring into the space.
Blockmetrix, founded by three North Texas investment
leaders, announced the closing of a $43 million funding
round on Tuesday. The money will be used to secure 5,000
or more mining rigs. Its earlier $7 million funding round
helped it deploy an initial batch of more than 1,000 rigs.