MegaBigPower Opens Buyback for Unprofitable Bitcoin Miners

By March 4, 2015Bitcoin Business

MegaBigPower has announced that it will begin purchasing preowned bitcoin mining ASICs as part of a plan to acquire as much as 10 megawatts worth of hardware.

Under the buyback program, the US-based bitcoin mining company will purchase certain types of hardware, with an emphasis on models sold by mining manufacturers  Spondoolies-Tech and Bitmain .

Founder Dave Carlson framed the program as a simpler alternative for miners looking to sell their equipment online, telling CoinDesk: “Due […]

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