- It was launched via the newly founded Grayscale Digital Infrastructure Opportunities (GDIO), a "private, co-investment opportunity in mining hardware that powers the bitcoin ecosystem."
- "GDIO will use invested capital to purchase mining equipment – as it becomes available for sale in the coming months at what is likely to be discounted prices," said Rayhaneh Sharif-Askary, Grayscale head of investor relations. "GDIO will then deploy this equipment to mine bitcoin, sell bitcoin daily, and distribute cash generated to investors, generating income.
- Foundry, which runs one of the biggest mining pools, Foundry USA, will manage the day-to-day operations of the new entity, which is the first of its kind for Grayscale. Foundry and Grayscale are both subsidiaries of the Digital Currency Group (DCG).
No two users can claim the same addresses on the platform ensuring that there is no cross-attestation. Additionally, if a user removes an address or wallet, that address cannot be re-attested for at least 60-days.
Block (formerly Square) will be manufacturing their upcoming hardware wallet in Austin, Texas. This post highlights the process they took when making this decision.
Genesis is the main partner in Gemini’s “earn” programme, where retail investors lend out their coins in exchange for a fixed stream of returns. Gemini halted withdrawals from the scheme last month.