According to the recognized Bitcoin (BTC) developer Justin Moon, Fidelity Investments has a full room of Bitcoin miners at their office in Texas. Fidelity Investments has been interested in Bitcoin and virtual currencies and took the decision to build crypto-related products.
Does Fidelity Investment Have ASIC Miners In Its Offices?
Justin Moon, a recognized Bitcoin developer, has recently unveiled on Twitter that Fidelity has a room full of Bitcoin miner at their office.
BTW Fidelity has a room full of bitcoin miners at their office. Cypherpunk AF!
— Justin Moon (@_JustinMoon_) May 25, 2019
As the most popular digital currency expands around the world, companies and firms are trying to invest in this digital asset and have exposure to it. Fidelity Investments, a firm that offers services related to investing, brokerage and retirement plans, is also going to be offering crypto services to users.
At the same time, Ari Paul, the founder and chief investment officer of BlockTower Capital, said that Fidelity’s cryptocurrency workers are 5 times more than the workers that crypto funds have combined.
Thus, Fidelity could be very involved in the crypto market, not only by offering services to virtual currencies, but also mining digital assets. Apparently, the FT reported that the firm bought its mining hardware from 21 Inc. Nonetheless, it is not clear whether they were able to mine large amounts of Bitcoin or not.
— Elaine Ou 🐤 (@eiaine) May 26, 2019
Furthermore, there are other companies such as AT&T that are now accepting Bitcoin (BTC) and Bitcoin Cash (BCH) in order for users to pay their bills.