Monday 15 August 2016

New KnCMiner Owners Seek to Revive Bitcoin Firm With Acquisition


A preliminary sale that would find bitcoin mining firm KnCMiner continuing under new ownership has been approved, according to those close to the deal.
Speaking to CoinDesk, court-appointed receiver Nils Ã…berg today confirmed that a sales agreement was reached on Friday with a Swedish firm called GoGreenLight. Founded for the purpose of completing the acquisition, GoGreenLight is a new sister company to Borderlight, an Uppsala-based IT and telecom firm founded in 2000.

Notably, Borderlight's Sten Oscarsson said that GoGreenLight could continue to operate KnC's bitcoin mining pool and data centers once it assumes leadership.