The iced tea company that changed its name to include ‘blockchain’ retracts on bitcoin mining operation

 Remember the iced tea company that changed its name to Long Blockchain and immediately shot up by 500 percent on the stock market? Well, it turns out it may not be getting into the blockchain after all. The company has decided to backoff from its pledge to buy 1,000 bitcoin mining machines — just six weeks after it said it would be doing so. Of course, six weeks ago bitcoin was worth a… Read More