Company mining cryptocurrency in territory of VKG postpones ICO

  • 2018-08-02
  • BNS/TBT Staff
Nordcoin Mining OU, a company that at the beginning of 2018 started mining cryptocurrency in the territory of the northeast Estonia based oil shale mining and oil shale energy company Viru Keemia Grupp (VKG) and installed a container park necessary for mining the currencies in the territory of VKG, is postponing its initial coin offering (ICO) citing bad communication with the Financial Supervision Authority, the daily Eesti Paevaleht reports. The ICO was scheduled to go public on Monday morning. Owners of the company were planning to raise 11 million dollars with the ICO...
 
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