Aoyon Ashraf is managing editor with more than a decade of experience in covering equity markets
Bitcoin miner Ionic Digital hired John Penver, who used to work at data center service provider TSS, as CFO.miner that bought all of the bankrupt lender Celsius' mining assets, hired John Penver as chief financial officer to oversee its upcoming initial public offering.of data center service provider TSS and has more than 18 years of data center technology and infrastructure experience, the miner said in a statement on Thursday."As CFO, Mr.
Despite the bitcoin halving making the mining ecosystem tougher and less profitable to navigate, several private miners are vying to go public following bitcoin's record high earlier this year. Among them is financial services firmIonic is helmed by Matt Prusak, former chief commercial officer of Hut 8 and USBTC.
The firm said in February that it plans to go public in the next 12 months and expects to achieve 12.7 exahash per second , a measure of computing firepower being directly toward mining bitcoin, once its fleets are fully operational this year. At the time, Ionic said the assets include about 87 megawatts of self-mining capacity, 142MW of hosted bitcoin mining at third-party sites and the Cedarvale site, which is in development to reach a capacity of 240MW.
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