TechFlow reports that bitcoin mining startup Cormint has secured $30 million in Series A funding, led by Cormint President Jamie McAvity and Nav Sooch, Chairman of semiconductor company Silicon Laboratories (SLAB), with participation from former Cormint CTO Alessandro Piovaccari and others.
The funding will be used to build a 2.4 EH/s data center in Texas. Cormint plans to have 4.2 EH/s of self-mining computing capacity up and running at its Fort Stockton facility by the end of 2024.




