Kore Digital Mining secures £120k Seed Follow On Investment

Monday, 15th April 2024 – Edinburgh, UKKore Digital Mining Ltd, a U.K. based Bitcoin mining company, announced today that a further £120,000 ($150,000) has been invested into the business from existing seed investors.


This adds to the initial $100,000 raised upon creation of the company back in May 2023.


“We are thrilled to receive this additional seed capital from our loyal investors and this will enable us to grow our mining operations substantially, over the next few months.”

Derek Nisbet, the Founder & CEO


The seed capital will be used to purchase the latest innovations in mining hardware, including:-
● 5 x Antminer S21 200 Th/s Miners, and
● 10 x Whatsminer M66S 288 Th/s – Immersion Cooled Miners.


These are the latest and most efficient miners on the market today and will stand Kore in good
stead following the Bitcoin halving cycle and new 4 year epoch.

The new mining hardware will increase Kore’s hash rate threefold to 6 Ph/s.


About Kore Digital Mining Ltd.
Kore Digital Mining Ltd is a U.K. based Bitcoin mining company focused on growing its hash
rate and increasing infrastructure capacity with its global partners.

Kore’s mission is to provide technological resources on the Bitcoin network, enabling added
blockchain security and increased decentralization.
Find out more at www.koredigitalmining.com

Esther Andrew

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