ePIC raises US$7.5 million to manufacture ASIC crypto mining machines in North America

Toronto-based ePIC Blockchain has completed a US$7.5 million Series A financing, which will be used to manufacture ASIC crypto mining machines in North America. Henry Quan, CEO of ePIC, said: "North America has performed well in many chip technologies, so there is no reason why North America should not perform well in blockchain ASIC design and manufacturing." "Supply is insufficient. New entrants cannot enter and Access to technology, so it prevents many participants from participating."