GP Bullhound invests in KnCMiner
State-of-the-art chip design and cloud services for blockchain-based applications and crypto currency mining.
December 09, 2014
A leading player in the Bitcoin ecosystem focusing on delivering the blockchain power to the world with proprietary ASIC design.
Company Name: KnC Group AB
Website: www.kncminer.com
Incorporation year: 2013
Geography: Sweden
Company and Industry in brief: The company processes Bitcoin transactions at one of the lowest cost levels in the industry.
Bitcoin is a peer-to-peer payment system based on an open-source software enabling payments without an intermediary. Transactions are verified by Bitcoin miners and recorded in a public ledger called the blockchain. For this service, Bitcoin miners, like KnC, earn Bitcoin currency rewards and transaction fees.
Enquiries
For enquiries, please contact:
Per Roman, Managing Partner, at per.roman@gpbullhound.com
Joakim Dal, Partner, at joakim.dal@gpbullhound.com
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