BitNile launches new blockchain and cryptocurrency mining solutions division

BitNile (NILE -5.1%) subsidiary, BitNile has formed a new division, BitNile Mining Solutions which will leverage BitNile's deep industry partnerships, including its partnership with Bitmain Technologies. BMS will focus on the sourcing and sales of cryptocurrency miners and related equipment and offering additional blockchain infrastructure services such as hosting, managing electrical power, repair and other crypto-focused infrastructure solutions.