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THIMPHU — The tiny Himalayan kingdom of Bhutan, identified for its Gross Nationwide Happiness improvement indicator, is embarking on a cryptocurrency mining venture because it aspires to construct a Twenty first-century economic system.
The nation has teamed up with Nasdaq-listed Bitdeer Applied sciences Group, based mostly in Singapore, to develop a 600 megawatt mining farm for Bitcoin, the main cryptocurrency. Bitdeer was on account of set up a closed-end fund on the finish of Could, geared toward elevating $500 million from worldwide buyers for the venture. A high-level supply near the venture confirmed that the fundraising drive certainly started as deliberate.
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