Blockware Mining will use this fresh funding to purchase 14,000 crypto mining rigs this quarter. Eight thousand of the rigs will be used to scale its new facility in Kentucky, while the remaining 6,000 will be sold to other bitcoin miners in the United States.
Tell anyone in Chicago that 1871’s got a pretty good thing going, and they’ll tell you that’s old news. But that didn’t stop the Merchandise Mart-based tech hub from making headlines after it topped a new list of university-affiliated business incubators.