River Financial to Let Clients Mine Bitcoin Without Having to Set Up, Run Machines

The company is currently opening pre-sales and a waitlist on their website, and customers can pay for just one miner to get started. Read the full article by: Aoyon Ashraf

Key Points:

• River Financial is look to roll out a way for their customers to get involved in the Bitcoin mining game without having to buy and set up mass amounts of computers and maintenance.

• “River Mining” will allow customers to buy Antminers and be able to manage them remotely from an app on their phone. “With River Mining, clients will own their mining hardware and the Bitcoin generated will be deposited directly into their River accounts,” River said in a statement.

• The rub for the customers is that they will be responsible for paying for electricity and the month storage costs but this will not take place until early 2022.

• River Financial is trying to elevate some of the stresses of the current chip shortage as well as residential energy costs making it hard for those that are currently looking to get into the mining sector at the moment.