14 Jun '13, 7pm

Kenilworth Exploration: Real-World Mining Meets the Bitcoin Stock Exchange #bitcoin

Kenilworth Exploration: Real-World Mining Meets the Bitcoin Stock Exchange #bitcoin

Kenilworth’s founders first found out about Bitcoin in just the same way as so many of the rest of us. “In 2011,” Daniel Prendergast explains, “I was reading an article on Slashdot and was really interested in the emerging technology that is Bitcoin. I was studying for my medical exams and, in a moment of procrastination, I thought that there could be a great link between my dad’s company and Bitcoin. Once Bitcoin spiked above 100, I knew it was going to be a viable option, I found BitFunder, and we made contact.” As for why the company’s board was so eager to go along with the alternative funding method, as Daniel’s father and Kenilworth chairman Patrick Prendergast describes it, there was nowhere else to turn. “Mineral exploration globally is in serious decline because of the economic downturn, and the raw material supply [available in the earth] of copper started declin...

Full article: http://bitcoinmagazine.com/kenilworth-exploration-bitcoin...

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