THELOGICALINDIAN - According to bounded letters the Norwegian billionaire and barrier armamentarium administrator Ole Andreas Halvorsen is advance funds into an energyreducing cryptocurrency mining dent accouterments aggregation The aggregation Norways fourth richest man is advance in claims to body applicationspecific chip ambit ASIC mining chips that are allegedly 300500 added activity able than absolute accouterments
Norwegian Hedge Fund Giant Dips Into the Crypto Economy
Swedish news armpit Trijo letters that the billionaire barrier armamentarium administrator Ole Andreas Halvorsen is dipping his toes into the cryptocurrency space. A address from Trijo explains that the barrier armamentarium administrator and cofounder of the Connecticut-based barrier fund, Viking Global Investors, is now advance in a cryptocurrency-focused close alleged Harmonychain.
Halvorsen is abutting a cardinal of able-bodied accepted luminary investors from the Norwegian arena advance funds into the crypto apple with investors like Kjell Inge Røkke, Bjørn Dæhlie, and Arne Fredly. Halvorsen himself is advised one of the top-earning barrier armamentarium managers common and has captured the 11th baronial barrier armamentarium administrator position in the apple according to Forbes.
According to the address accounting by Teodor Stig-Matz, Harmonychain was declared to be listed on the Oslo Stock Exchange. However, Stig-Matz’s address addendum that the advertisement on the Oslo Stock Exchange was postponed.
The Harmonychain website has a lot of absorbing claims about the firm’s microchips as well. The aggregation is in the bosom of developing a “dual-purpose Artificial Intelligence (AI) and Scrypt algorithm ASIC Supercomputer microchip.”
The harmonychain.com website adds:
Harmonychain’s Litecoin Scrypt ASIC Miner Due Out in Late 2022, Claims an Estimated Payback of 2 Years
Because the dent is Scrypt the Harmonychain dent is committed to mining the agenda asset litecoin (LTC) and Scrypt-based coins. The firm’s claims that the chips are 300%-500% added activity able would about abate computer activity use by 70-80%. If analysis and development goes well, Harmonychain hopes to arrange the Scrypt ASIC semiconductors with AI abeyant by 2022 or 2023. The startup insists it will be the best assisting mining accouterments accessible back released.
“The ASIC is advised as a bifold purpose dent with bend AI potential,” harmonychain.com’s website states. “If ancestor assembly works well, we plan to alpha accumulation deliveries in H2 2022 and 2023. According to industry standard, barter can apprehend to prepay approx. 9-12 months above-mentioned to delivery. The Supercomputer is assertive to be the best assisting Crypto accouterments on the market. Our Crypto Supercomputer miners accept an estimated aftereffect of beneath than 2 years,” the company’s FAQ adds.
Halvorsen abutting the crypto abridgement is a bullish assurance to abounding agenda asset investors and enthusiasts. He is one of the best admired barrier armamentarium managers common and a protégé of barrier armamentarium administrator Julian Robertson. Halvorsen additionally joins the abundant cardinal of adventure capitalists and able-bodied accepted barrier armamentarium managers dispatch into the cryptocurrency economy.
What do you anticipate about Norway’s fourth richest man accepting advance in a cryptocurrency mining dent company? Let us apperceive what you anticipate about this accountable in the comments area below.
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