MGT Capital (MGTI) Announces Completion of Bitcoin Phase Two Ahead of Schedule

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MGT Capital Fully Implements Phase Two of Bitcoin Operation Ahead of Schedule

November 10, 2016 3:00 PM EST

HARRISON, N.Y., Nov. 10, 2016 /PRNewswire/ -- MGT Capital Investments, Inc. (OTC: MGTI), updated shareholders today on the successful completion of the second phase of its Bitcoin operation in central Washington state. The Company is pleased to have delivered the Phase Two metrics ahead of schedule, and has expanded the processing power of its Bitcoin operations to over five PetaHash, firmly placing MGT as a leader in the U.S. Bitcoin mining network. Since launching just two months ago, the Company has mined over 170 Bitcoins, which are presently... More