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Global Blockchain Mining up and running with 9,000 bitcoin miners online

Notably, the firm and hosting partners have secured expansion capacity to accommodate for future growth...
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Both facilities have round the clock security, the firm said

Global Blockchain Mining Corp (CNSX:FORK) said it is now operating in Quebec and New York State and had 9,000 bitcoin miners.

Both facilities have round the clock security, operations personnel, and customised racking and cooling engineering to ensure maximum efficiencies.

Capacity to expand

Notably, the firm and its hosting partners have secured expansion capacity to accommodate for future growth in the third quarter or early fourth quarter for of up to a further 10,000 machines.

The company expects that by the end of September 2018, it will have 11,666 machines online as well as 3,000 of two further types of machine for a total of 14,666 bitcoin miners online.

"We plan to continue looking for opportunities to acquire more rigs and increase our mining capacity, we believe that we represent true leverage to an increase in the price of bitcoin," said Shidan Gouran, the president and chief executive of FORK.

The company and its partners are exploring a number of software enhancements and algorithms that on trial over a prolonged period have expanded the hash rate by over 20%, it added.

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