Topic: [2016-02-02] World’s first bitcoin mining IPO falls short (Read 320 times)
Their market share of the total network power is just 1.2% according to the article. That may be a reason for the lower invested money. I am fairly sure that if a large Chinese pool would do the same, then they would surely come close to their target or they collect even more than that.
World’s first bitcoin mining IPO falls short
The world's first fundraising for an initial public offering (IPO) of a company that "mines" bitcoins has raised 5.9 million Australian dollars ($4.2 million) — far off its target of 20 million Australian dollars.
The Bitcoin Group, based in Melbourne, Australia, announced on Tuesday that it had raised 5,927,168.40 Australian dollars in a bookbuild for its listing on the Australian Stock Exchange (ASX).
http://www.cnbc.com/2016/02/02/worlds-first-bitcoin-mining-ipo-falls-short.html
The world's first fundraising for an initial public offering (IPO) of a company that "mines" bitcoins has raised 5.9 million Australian dollars ($4.2 million) — far off its target of 20 million Australian dollars.
The Bitcoin Group, based in Melbourne, Australia, announced on Tuesday that it had raised 5,927,168.40 Australian dollars in a bookbuild for its listing on the Australian Stock Exchange (ASX).
http://www.cnbc.com/2016/02/02/worlds-first-bitcoin-mining-ipo-falls-short.html
Jump to: