Data.Center - Group launches ICO to build cryptocurrency mining data center, "The Golden Fleece
Photo credit: TheVerge.com
" In order to build its own data center, an altcoin and cryptocurrency mining group is launching an initial coin offering (ICO) of $50m, starting at 12pm EST today.
If it meets its ambitious goal, the Golden Fleece data center - whose name is a reference to an ancestral practice in the region which consisted in stretching the skin of a mutton onto a wooden frame and submerging it in water to retrieve gold from streams - will be built on the Black Sea coast of the Republic of Georgia, and the group says it will be fully powered by renewable energy.....Open source web browser Brave was funded via an ICO, generating over $35m in less than a minute. " - Tanwen Dawn-Hiscox - Read Full Article
Source: datacenterdynamics.com
