Bitcoin Mining Facility Giga Watt Raises $11m in First Weeks of Crowdsale

[kreslik.news]

The Giga Watt token crowdsale, providing access to the crypto mining operation founded by former Microsoft engineer Dave Carlson, has already raised $11.8 million – more than 30 percent of its $30 million goal – with just over a month left to go.

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The Washington state-based facility allows investors to participate in cryptocurrency mining through the WTT token. The tokens represent the right to use the Giga Watt processing center’s capacity rent-free for 50 years, to accommodate 1 Watt’s worth of mining equipment power consumption. Token owners can use this capacity to accommodate ... (read more)