TechFlow reports, citing Coindesk, that Bitcoin mining firm Ionic Digital, which acquired all mining assets of bankrupt lender Celsius, has recently appointed John Penver as Chief Financial Officer to oversee its upcoming initial public offering (IPO). Penver previously served as CFO of data center services provider TSS and brings over 18 years of experience in data center technology and infrastructure.
Ionic Digital plans to achieve a total hash rate of 12.7 EH/s within the next 12 months and expects its mining assets to include approximately 87 megawatts (MW) of self-mining capacity, 142 MW of hosted Bitcoin mining capacity, and the Cedarvale site currently under development with 240 MW of capacity.
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