Thumzup Media has committed $2.5 million to DogeHash Technologies to enhance its Dogecoin mining capabilities. This investment will fund the deployment of over 500 advanced ASIC miners, aiming to increase the Dogecoin network's hash rate. The initiative is supported by Donald Trump Jr., who holds a significant equity stake in Thumzup Media.
This strategic move marks Thumzup's transition from a digital advertising platform to a player in the cryptocurrency mining sector. The investment is part of a broader strategy that includes a planned acquisition of DogeHash and expanding its crypto asset portfolio, which already includes Litecoin, Solana, and Ripple.
Thumzup Media Invests $2.5M to Boost Dogecoin Mining
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