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London's CoinShares Invests in Viridi Funds, which will Offer ESG Crypto Mining Product


May 29, 2021 @ 3:26 pm By Omar Faridi
CoinShares (Nasdaq First North Growth Market: CS), Europe’s largest digital asset investment firm with $3.7B in AUM, as of May 27, 2021, recently revealed that it has made an investment in
Viridi Funds (Viridi), an “emerging” fund manager.
CoinShares‘ management noted that it will be taking on an advisory role for Viridi, which will introduce the first ESG (environmental, social, governance) crypto mining product in the United States.
As mentioned in a release shared with CI, this latest investment marks CoinShares’ most recent strategic ESG investment, and the company’s role as an advisor to Viridi brings along its experienced management team “to assist in bringing an innovative new product to the US market.” ....

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North American crypto miners prepare to challenge China's dominance – Cointelegraph Magazine


Springtime is coming to the North American cryptocurrency mining industry. With access to robust capital markets, cheap power, a stable political climate and increasing participation of technological innovators, industrial-grade mining operations are burgeoning in the United States and Canada, providing competition to Chinese mining pools that now control more than half of the world’s hashing power.
These new ventures are acutely aware of the need to minimize mining’s carbon footprint. In March, when Neptune Digital Assets and Link Global announced they would develop a new five-megawatt Bitcoin mining facility in Alberta, Canada, for instance, Neptune CEO Cale Moodie cited the “substantial global pressure to develop ....

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