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River Financial Introduces Seamless, Investment-Grade Bitcoin Mining To Retail Investors
Fremont, CA: River Financial, a leading Bitcoin technology, and financial services company, has launched River Mining, a seamless, investment-grade Bitcoin mining product. With the introduction of River Mining, River provides the full suite of Bitcoin brokerage, custody, and mining services in one user-friendly mobile app and on river.com.
The new River Mining product allows investors to track the performance of their Bitcoin mining portfolio as well as the output of individual miners. Clients can buy mining machines using their personal or business accounts. River oversees the entire mining operation, which includes acquiring cutting-edge mining hardware, hosting in top US-based data centers, integrating with the leading mining pool, and maintaining mining machines for maximum uptime.
"The Bitcoin mining industry has shifted from once being able to profitably mine Bitcoin from a laptop in your home to requiring industrial-scale mining operations," stated Alex Leishman, River CEO. "In recent years, only the largest players have had access to the returns of institutional Bitcoin mining. River Mining changes that."
River announced the new mining offering in late 2021, and it already has hundreds of Bitcoin mining clients ranging from individuals with a single mining machine to family offices and investment funds with fleets of machines. The company plans to bring thousands of mining machines online in the second quarter of 2022 and has agreements in place to expand to tens of thousands in the following year.
River began as a Bitcoin brokerage that provided industry-leading security, custody, and customer service. River Mining brings the same level of expertise and quality to Bitcoin mining. "Our mission is to accelerate the adoption of Bitcoin," remarked Alex Leishman. "River Mining is an important step towards our vision to provide easy-to-use financial products to grow Bitcoin wealth."