Friday 9 March 2018

MARKET REPORT: AIM tiddler Clear Leisure digs out a gain after claiming a first in mining of bitcoin.

Clear Leisure claims to be first AIM
listed company to mine bitcoin: Getty Images
A landmark moment occurred on London’s junior market today as the first AIM-listed company to extract bitcoin declared victory.

That was what investment vehicle Clear Leisure told its investors: “The company can confirm that the first fractions of bitcoins have already been extracted in mining pool mode.”

A spokesman for the company claimed that, while many AIM-listed firms have investments in bitcoin data centres, they are not mining the currency themselves, whereas Clear Leisure, through its subsidiary Miner One, is.

It also revealed its first data mining computers are operational and ready to be shipped to its permanent home in Serbia.
Bitcoin firms chose Serbia as mining requires huge amounts of power and energy is a third cheaper in the Balkan county than in western Europe.

Despite another fall in the price of bitcoin, investors were suitably cheered; the shares shot 13% higher, albeit a meagre 0.1p, to 0.86p.



By Mark Shapland.

Full story at Yahoo News.

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