Draft:Bitzero Blockchain
Submission declined on 20 June 2023 by Alpha3031 (talk).
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|  |
 | |
| Company type | Private |
|---|---|
| Industry | Financial services |
| Founded | 2021 |
| Founders | Akbar Shamji |
| Headquarters | |
Key people | Akbar Shamji (CEO) |
| Products | Cryptocurrency exchange, cryptocurrencies |
| Website | bitzero |
Bitzero Blockchain Inc. is a renewable energy cryptocurrency mining company.
Overview[edit]
Bitzero Blockchain Inc. was founded in 2021 by Akbar Shamji as an alternative to the high energy consumption from cryptocurrency mining.[1] In July 2022 Bitzero Blockchain announced that it will acquire the Stanley R. Mickelsen Safeguard Complex an abandoned anti-ballistic missile site in North Dakota where it will be converted into a cryptocurrency mining site.[2][3] Bitzero Blockchain will invest $500 million into the abandoned missile site.[4] Bitzero Blockchain and its investment in North Dakota is backed by Shark Tank financier Kevin O'Leary and Phoenix Group.[5][6]
References[edit]
- ^ Capelj, Renato (September 20, 2022). "Kevin O'Leary Weathers Crypto Winter With Policy Bets, Bitzero Investment". Benzinga.
- ^ MacPherson, James (July 25, 2022). "Bitzero to buy old North Dakota missile site for data center". AP.
- ^ Vigna, Paul (September 9, 2022). "White House Report Calls for Cleaner Crypto Mining". The Wall Street Journal.
- ^ Nelson, TJ (July 25, 2022). ""The Pyramid" Site To Host $500 Million Bitzero Blockchain Development". KVRR.
- ^ Dura, Jack (January 26, 2023). "'Shark Tank' star to oversee new North Dakota investment program". The Bismarck Tribune.
- ^ Allen, Nancy (June 6, 2022). "Why is Bitzero looking to set up its headquarters in North Dakota?". The Coin Republic.
External links[edit]
- Bitzero Blockchain completes a private placement
- Bitzero signs agreement to acquire Nekoma pyramid, develop it into highly secure data center
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