Blockstream launches a mining pool and Bitcoin mining enterprise. Blockstream mining data center will lease capacity in addition to the company’s own operations.
According to a blog post, Fidelity Center for Applied Technology and co-founder of LinkedIn, Reid Hoffman, will become Blockstream’s customers. According to Forbes, when operating at full capacity, the Blockstream mining center will be responsible “for about 6 exams of Bitcoin mining power.”
Note that Blockstream began its cryptocurrency mining business in 2017 and was “motivated by widespread concern about a decrease in the level of mining decentralization”
Last month, Blockstream launched atomic swaps on the Liquid sidechain, and in May the company announced the launch of its own Liquid Securities platform for issuing tokens. In addition, in 2017, Blockstream launched blockchain data transmission via satellites.