Bitcoin mining fund, Logos, launched by Genesis Mining
Bitcoin mining fund, Logos, launched by Genesis Mining explained by professional Forex trading experts the “ForexSQ” FX trading team.
Bitcoin mining fund, Logos, launched by Genesis Mining
Bitcoin cloud mining provider Genesis Mining has announced the launch of what it calls the world’s first Bitcoin mining fund.
Logos FundThe fund, which officially filed Form D with the SEC last week will be called Logos Fund and will cater exclusively to high net worth individuals, investment funds, and accredited investors looking to take part in the rapidly growing Bitcoin ecosystem.
Instead of investors investing directly into mining by purchasing and managing their own hardware, they can invest in the Logos Fund investment vehicle, giving them direct access to Genesis Mining’s industry expertise, large scale operations, and discounted hardware.
Bitcoin and its underlying technology, known as Blockchain, has garnered serious interest from major Wall Street banks and Silicon Valley. To date, over $1 billion has been invested into Bitcoinrelated startups since 2013, which is ostensibly being used to establish the infrastructure needed to scale Bitcoin.
Mining is central to Bitcoin’s viability and success. High-powered supercomputers join together to process and record Bitcoin transactions. Bitcoin mining enables the decentralized network functionality that is crucial for Bitcoin to operate.
Genesis miningGenesis Mining claims to have worked with more than 100,000 customers to date. Throughout the past two years of operation, Genesis Mining also claims that it has received over $100 million worth of inquiries from professional investors looking to invest in Bitcoin mining through a professional investment vehicle.
Bitcoin mining fund, Logos, launched by Genesis Mining Conclusion
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