iM Intelligent Mining Raises $2.5M to Launch First Facility in Arkansas
iM Intelligent Mining (iM), a provider of environmentally responsible energy solutions for powering cryptocurrency mining operations, raises a $2.5 million financing round.
iM didn’t name entities involved in the growth funding round, but the list of investors included several prominent individuals and crypto funds.
Looking to seize on the moment, iM revealed plans to launch its first mining facility in Arkansas. The company has already completed its newest prototype for the flagship farm (1MGw).
The company has devised a fully renewable ecosystem and reusable infrastructure to enable highly profitable blockchain mining without harming the environment.
iM is poised for further growth with these funds set to go toward the acquisition of mining rigs and optimization of its renewable energy technology in those warm conditions.
iM’s target audience includes blockchain and tech investors, early adopters, young enthusiasts, and those driven by sustainability, collaboration, corporate social responsibility, and human rights.
iM Intelligent Mining solves the industry pain points around power consumption, environmental damage, centralized block-mining operations, blockchain network scaling, and high barriers to entry for individuals and developing countries.
iM Green Protocol, provides an investment structure that begins with solar energy production. It aims to power the blockchain future while protecting the environment and maintaining the economic viability of the industry.
iM’s adoption of green energy will eventually provide the blockchain activity with free electricity and allow all miners/investors to have a hand in energy production.
About iM Intelligent Mining
iM Intelligent Mining is a decentralized blockchain mining operation that employs the use of autonomous, solar-powered mining rigs to provide free electricity to the blockchain. iM token holders enjoy the benefits of owning both a solar panel farm and a mining rig without the complications of building it themselves. Advanced cooling technology, bulk purchase of equipment, and streamlined operations maximize profits and provide revenue for maintaining equipment and reinvesting in growth.
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