Lancium raises $150 million to expand Bitcoin mining efforts with renewable energy

Investing.com | Nov 23, 2021 at 9:53 PM
  • Houston-based tech company Lancium has raised $150 million to expand its renewable energy-run Bitcoin mining business model across Texas.
  • An increase in the demand for renewable energy remains an issue of concern, as the grid’s supply would be restricted and unable to meet the demand.
  • Its technology makes it possible for the energy demand to be dialed up and down.