OLB Group ($OLB@US), a Fintech eCommerce firm providing merchant services and Bitcoin mining recently announced a long-term lease agreement on a 10,000 square foot facility that can host up to 2000 Antminer machines. Located near the Bradford Regional Airport in Bradford, Pennsylvania, the firm chose this location to cut back on noise issues and has begun converting the facility to run on the local power grid along with natural gas. The company plans to use debt financing for capital improvements. The company’s statement said, “with room to install up to 2000 Bitcoin mining machines in this second facility, this data center will eventually meet the challenge of minimizing our carbon footprint and operating a cost-efficient and profitable operation. At press time, OLB Group Stock was trading flat at $2.25 in early activity.
