Bitcoin has reached its all-time high, topping $100,000 on December 5th, 2024. When BitCap was founded in May 2017, Bitcoin was only $1,100. Congratulations to all the Bitcoiners out there!
We are excited to share an important quality-of-life update within our accounting department: automated receipt generation. This innovative approach is designed to greatly reduce, if not entirely eliminate, the risk of us missing payments, duplicating transactions, and finding discrepancies in value for payments sent, ensuring a higher degree of accuracy and efficiency. This development will also reduce the lag in sending receipts to clients once their invoices are paid. Please let us know if you have any feedback on this quality-of-life change!
Our repair team is continuously learning, growing, and becoming more efficient. This month, we took a deep dive into the L7s. We were fortunate to have a seasoned repair technician visit our facilities as part of our internal repair training regimen. With years of hands-on experience, this traveling technician generously shared the depth of his knowledge and the expertise he has meticulously cultivated over time. This is just another example of how we choose to invest in our internal repair team, which vertically integrates our operations. This is why we are able to deliver the best mining experience on the market.
Our newest location in Moses Lake is undergoing the finishing touches this month, reflecting the hard work and dedication of our team on the ground. We are in the process of installing high-efficiency fans to ensure a comfortable atmosphere throughout the facility. Additionally, we've carefully adjusted the co to accommodate an additional piece of electrical equipment that has become essential for our operations. To enhance the safety and security of the building, we've installed state-of-the-art security cameras, designed to safeguard both the property and our clients’ valuable investments.
The Bit Capital Group is nothing without you and the other miners coming together. We truly appreciate your patience and continued support as we embark on this journey of growth together.
