An Italian Cryptocurrency Mining

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An Italian cryptocurrency mining company, Bitminer Factory, has a unique way to dredge more digital currencies. It intends to have a circular mine that recruits more miners, like a mobile ice-cream truck that attracts children.

Gabriele Angeli and Gabriele Stampa, the founders of Bitminer Factory, are in the middle of fundraising with a target of $ 25 million. To date, 140 miners have joined the company from Florence, or Firenze.

They intend to insert their own machine named Bitminer 8 into the container and then attached to a truck. It allows miners to move to places with less expensive resources across Europe.

Bitminer 8 machine owned by this company stems from a prototype that is attached to the drawer plate as the chassis. Even so, the computer system is still able to mine a variety of cryptocurrency, except Bitcoin as the most difficult to mined.

This is because Bitcoin mining requires higher computational activities that consume a lot of energy. In addition, the supply of the devices needed to mine Bitcoin is still controlled by Bitmain Technologies and Canaan Creative from China and Bitfury from the United States.

"With this mobile mining we want to conquer Europe, which will allow us to run the business model we've tried in Florence," Angeli said.

The plan, as mentioned by Angeli, Bitminer Factory will begin to open a new mining center in southern Italy this year. This will lead to the realization of the movable mining they have mentioned earlier.