фото показано с : invezz.com

Prime Blockchain, a leading digital asset mining and infrastructure provider, has appointed former Goldman Sachs VP Gaurav Budhrani Chief Executive Officer (CEO). Alan Konevsky, former Managing Director at Goldman Sachs, was appointed Chief Legal Officer (CLO).

In 2021, the US’ share of Bitcoin (BTC/USD) hash rate doubled to 35.4%. PrimeBlock is committed to substantial growth of their mining operations across and beyond North America. The company’s current hashing capacity is around 1,000 PH/s, equivalent to around 0.6% of the total global Bitcoin hash rate.

To provide increased infrastructure support for its growing bitcoin mining activities, PrimeBlock plans to increase investment in latest generation mining hardware, modular data center technology, and captive renewable power. The company is on a mission to lead the way to sustainable growth of the industry while supporting communities in areas with abundant energy.

PrimeBlock’s new CEO Gaurav Budhrani most recently led Crypto Investment Banking coverage at Goldman Sachs. He has completed over $300 billion of transactions in cryptocurrencies, software, semiconductors, and energy, including the direct listing for Coinbase, which was worth $98 billion. He said:

I am incredibly excited to join PrimeBlock and partner with leaders in the bitcoin mining and crypto ecosystem. It is an exciting time for the bitcoin mining industry, as we’ve seen it increase over four times in size in 2021 to well over $20 billion annually. We have a very unique opportunity to drive continued growth and innovation at every layer of the stack, by building efficient modular data center containers, partnering with key suppliers for hardware and power infrastructure, developing adjacent software applications and laying the groundwork for captive renewable power generation on our sites.

Alan Konevsky, PrimeBlock’s new CLO, serves on the board of directors of Boston Security Token Exchange. He has held senior roles at Mastercard, Goldman Sachs and Sullivan & Cromwell in New York and London. He commented:

As the financial system is entering the secular adoption phase for digital assets and infrastructure, PrimeBlock is optimally-positioned to leverage its mining and hosting footprint to drive responsible growth and innovation across the digital ecosystem. I am delighted to join the terrific PrimeBlockexecutive team and founders to drive that journey using our solid asset base, vision and shared values.  

Chandler Song, Co-Founder of PrimeBlock, commented:

I am delighted that Gaurav and Alan will be joining us as CEO and CLO respectively. Both of them in their respective leadership roles bring a strong track record and unique perspectives across crypto, capital markets and the ever evolving regulatory landscape. Furthermore, Gaurav and Alan bring a motivating drive which is closely aligned with the core values and culture at PrimeBlock.

The post Digital asset miner PrimeBlock names former Goldman Sachs executives as CEO and CLO appeared first on Invezz.

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