ePIC Blockchain Closes $7.5M Series A Financing Round


ePIC Blockchain Technologies Inc., a Toronto, Canada-based Blockchain semiconductor design and mining rig vendor, completed its USD 7.5m Series A funding round.

ePIC Blockchain is a Cryptocurrency ASIC and Mining Rig supplier currently shipping Mining Rig for Siacoin. The company also has 2 ASIC Mining Rigs slated for release during 2021.

The proceeds from this raise, along with early customer orders, will be used to fund the prototyping and pre-production costs of ePIC’s third mining rig. Code-named “Amnesia,” this ASIC has been in development since early 2020 and is expected to launch in Q4 2021.

In addition to its SC200 rig for Siacoin and Amnesia, ePICs aims to be in production with 1 other Altcoin mining rig in Q3 2021.