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Crypto Miner MineOne Raises Over $20M in First Funding Round
The New York-based company, which launched in October, is now raising money for its second round.
By Aoyon Ashraf
Updated May 11, 2023, 7:08 p.m. Published Nov 10, 2021, 2:28 p.m.
Crypto miner MineOne has raised more than $20 million in its first funding round since the company started last month.
- The company said it plans to raise $200 million and expand its global operating capacity to 400 megawatts by the end of 2022.
- It has 80,000 crypto mining machines, and expects to increase that to 135,000 by the end of next year.
- The miner has fully operational capacity of 50 megawatts in Russia and Kazakhstan and plans to deliver an additional 30 megawatts in the U.S. by the end of this year, according to the company’s website.
- MineOne is building up its East Point, Ga., mining site for its U.S. operations and expects about half of its mining machines there to be operational in December and the other half in April.
- The company is also constructing a mining site in Alberta, Canada. It expects the site to go online in December with 20 megawatts of operation capacity, with an additional 70 megawatts by April.
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- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Pye Finance Raises $5M Seed Round Led by Variant and Coinbase Ventures
The platform aims to make locked Solana staking positions tradable via an onchain marketplace.
Wat u moet weten:
- Pye Finance raised a $5 million seed round led by Variant and Coinbase Ventures, with participation from Solana Labs, Nascent and Gemini.
- The startup is building an onchain marketplace on Solana for time-locked staking positions that can be traded.
- Pye says the product targets Solana’s large pool of staked SOL, worth roughly $75 billion, and aims to give validators and stakers more flexibility over terms and reward flows.
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