Ex-Marine and South Carolina Politician Raises $200M to Start Bitcoin Mining Company

Ex-Marine and South Carolina Politician Raises 0M to Start Bitcoin Mining Company
Former U.S. Marine and 2018 candidate for South Carolina governor John Warren has started Gem Mining after raising over $200 million in institutional capital, according to a statement on Wednesday. The company claims its operations are 92% carbon neutral.Warren served four years on active duty as an infantry officer in the U.S. Marine Corps. In 2018 he lost in the Republican primary run-off to be South Carolina’s governor.“Over the past 10 months, my partners and I have built an institutional-grade bitcoin mining company by purchasing the highest quality machines and partnering with industry-leading companies to host these machines,” said Warren,…