Bitcoin Shop Inc (OTCMKTS:BTCS) has made its way into the headlines of all the print and digital media agencies, newspapers and news channels because of its digital currency ecosystem initiative. Recently it announced that it was expecting a new transaction verification service facility in a couple of weeks’ time.
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Bitcoin Shop Inc (OTCMKTS:BTCS) doesn’t want to leave any stone unturned; therefore, it has acquired various servers to enhance its total hashing power to 1 Petahash. It finished the development of its 83,000 square foot facility recently, and if everything goes fine, then the new operations will be initiated in the same facility.
Charles Allen, Chief Executive Officer of Bitcoin Shop Inc (OTCMKTS:BTCS), has made a short video about various operations of the company. Investors may find it difficult to understand all the proceedings of BTCS; hence, this video will help them in getting used to with its proceedings. The digital currency mining or transaction verification services of Bitcoin Shop Inc (OTCMKTS:BTCS) focuses on running various specialized servers that can solve a series of prescribed calculations easily. It wants to add a block of true and verified information to the entire block-chain to facilitate uninterrupted proceedings. Upon successful addition of blocks to block chain, BTCS is issued new bitcoins.
The company has also invented GoCoin; an advanced and leading payment processor recently. GoCoin made an announcement a few days ago stating that it partnered, with RE/MAX London to take its offerings to new heights. With the help of this partnership, BTCS can now accept digital currency for various activities related to property rentals. The management of Bitcoin Shop Inc (OTCMKTS:BTCS) is hopeful that this partnership will not only enhance the reach of the company but also bring efficacy in its current proceedings.
Bitcoin Shop Inc (OTCMKTS:BTCS) closed at $0.258 on Friday’s trading session, gaining 0.23%.