Friday, May 14, 2021

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ePIC Blockchain: Closes $7.5M Series A Financing Round

  • ePIC Blockchain Technologies Inc., a Toronto, Canada-based Blockchain semiconductor design and mining rig vendor, completed its USD 7.5m Series A funding round
  • ePIC Blockchain is a Cryptocurrency ASIC and Mining Rig supplier currently shipping Mining Rig for Siacoin
  • The company also has 2 ASIC Mining Rigs slated for release during 2021
  • The proceeds from this raise, along with early customer orders, will be used to fund the prototyping and pre-production costs of ePIC’s third mining rig
  • Code-named “Amnesia,” this ASIC has been in development since early 2020 and is expected to launch in Q4 2021
  • In addition to its SC200 rig for Siacoin and Amnesia, ePICs aims to be in production with 1 other Altcoin mining rig in Q3 2021

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