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Coinmine is a startup that has developed a device which enables people to mine cryptocurrency from the comfort of their homes.
Coinmine is the cryptocurrency startup that has come up with the Coinmine One, a device that enables crypto mining at home. The box is about as big as a gaming console and runs a custom OS called MineOS. The system lets you pick a cryptocurrency to mine and then runs it on the built-in CPU and GPU. The machine contains an Intel Celeron Processor J Series processor and an AMD Radeon RX570 graphics card for mining. It also has a 1 TB drive to hold the massive blockchains required to manage these currencies. The box mines Ethereum at 29 Mh/s and Monero at 800 h/s — acceptable numbers for an entry-level miner like this one. Coinmine One is automatically upgraded over-the-air in order to bring the most cutting edge developments and applications in the crypto ecosystem.
Legal Name
:
Coinmine, Inc.
Headquarters
:
Manhattan Beach, California, United States
Founding Date
:
2018
No. of Employees
:
<10
Core Team
:
1.
Farbood Nivi
Co-Founder
2.
Justin Lambert
Co-founder
Total Funding
$4.5M
Investors
:
1.
Gumi Cryptos Capital
2.
M13
$4.5M
Series Name
:
SEED
Date
:
2019
Investors
:
1.
Gumi Cryptos Capital
2.
M13
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