Introducing Standard American Mining
Today we’re announcing the launch of Standard American Mining, the first company incubated inside of Full Tilt Capital.
At Full Tilt, we are always looking for incredible founders working on the world’s hardest problems. Sometimes they seek us out. Other times we hunt for the best team working on a problem we want to see solved.
Earlier this year, we embarked on one of those hunts. When we couldn’t find anyone building the ideal solution, we decided to build the company ourselves. After all, our core competency is building and scaling organizations.
Computing power is one of the most valuable resources in the world. Similar to how oil and steel provided much of the infrastructure for the Industrial Revolution, we believe data and computing power is the infrastructure of the Supercompute Revolution.
Today, we launch Standard American Mining, the first company incubated inside Full Tilt Capital. It will become the Standard Oil of the computing industry.
With three simple inputs of hardware, software, and energy, we built two cryptocurrency mines in the Eastern United States. These facilities leverage untraditional energy sources at near-zero cost and have been operating profitably for months.
Moving forward, Standard American Mining is set on building the largest computing facility in North America. There will be plenty of announcements to come but one thing is certain: Standard American Mining will be at the forefront of the global arms race for computing power.
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