Odaily News: US blockchain "mining as a service" ecosystem platform Xgminer recently announced that it has raised a new round of financing of $20 million, without disclosing specific investors.

Currently, the Xgminer platform supports cloud mining services for multiple algorithms and multiple cryptocurrencies. The newly raised funds will be used to expand fixed investments in equipment, personnel, etc., and further improve the mining machine's computing power level. (Benzinga)