A Sydney-based bitcoin mining company is looking to take advantage of soaring cryptocurrency prices and cheap green electricity to build a bitcoin ‘mine’ in rural Australia.
Cosmos Capital expects to list on the Nasdaq in June and is in talks with energy providers with excess power capacity in NSW, Victoria and South Australia to power what would be its third bitcoin mining operation.
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Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com
