Difference between revisions of "Cumberland DRW LLC"

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(Created page with " {{Infobox_Company <!-- Feel free to remove comments like this when you add real info --> | company_name = Cumberland Mining Materials | company_logo = Image:Cumberland-l...")
 
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{{Infobox_Company  <!-- Feel free to remove comments like this when you add real info -->
 
{{Infobox_Company  <!-- Feel free to remove comments like this when you add real info -->
| company_name = Cumberland Mining Materials
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| company_name = Cumberland Mining & Materials
 
| company_logo =  [[Image:Cumberland-large.png{{!}}200px]]
 
| company_logo =  [[Image:Cumberland-large.png{{!}}200px]]
| key_people =    Bobby Cho
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| key_people =    Bobby Cho, Donald R. Wilson
| foundation =    2016
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| foundation =    2014
 
| location =      Chicago, Illinois
 
| location =      Chicago, Illinois
 
| employees =      <!-- Approx number of employees -->
 
| employees =      <!-- Approx number of employees -->
 
| products =      <!-- Quick list of types of things company does or produces -->
 
| products =      <!-- Quick list of types of things company does or produces -->
| twitter =        @CumberlandSays
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| twitter =        CumberlandSays
 
| linkedin =       
 
| linkedin =       
 
| stocktwits =    <!-- StockTwits ID for the company, e.g. JohnLothian, or leave blank -->
 
| stocktwits =    <!-- StockTwits ID for the company, e.g. JohnLothian, or leave blank -->
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Cumberland Mining Materials is a division of DRW.
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Cumberland Mining & Materials, LLC is a [[cryptocurrency]] trading division of DRW, a privately held trading firm.  
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(this page under development)
 
(this page under development)
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== Background ==
 
== Background ==
  
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In 2014 DRW set up Cumberland Mining & Materials, LLC, whose name refers to the Grateful Dead's "Cumberland Blues" about a miner. Cumberland originally focused on cryptocurrency mining. It has mined [[ZCash]] which is reputed to have better privacy features than [[bitcoin]].<ref>{{cite web|url=https://www.wsj.com/articles/bitcoins-trading-star-is-chicago-high-speed-firm-that-nods-to-the-grateful-dead-1511787600|name=Bitcoin’s Trading Star Is Chicago High-Speed Firm That Nods to the Grateful Dead|org=Wall Street Journal|Date=August 8, 2018}}</ref> DRW as Cumberland experimented with trading cryptocurrencies in 2015.<ref>{{cite web|url=https://www.wsj.com/articles/big-investor-involvement-could-boost-bitcoin-1428259814|name=Big Investor Involvement Could Boost Bitcoin|org=Wall Street Journal|date=August 8, 2018}}</ref> Cumberland reportedly bid successfully on 27,000 bitcoin of one of the final lots of bitcoin seized from Silk Road and that were auctioned off by the US Marshall Service in 2015.<ref>{{cite web|url=https://bitcoinist.com/cumberland-mining-bitcoin-auctions/|name=CUMBERLAND MINING HAS ‘WON BIG BITCOIN AUCTIONS’|org=Bitcoinist|date=August 9, 2018}}</ref>
  
  
  
=== Architecture ===
 
  
  

Revision as of 20:57, 8 August 2018

Cumberland Mining & Materials
Cumberland-large.png
Founded 2014
Headquarters Chicago, Illinois
Key People Bobby Cho, Donald R. Wilson
Twitter @CumberlandSays
Website cumberlandmining.com

Cumberland Mining & Materials, LLC is a cryptocurrency trading division of DRW, a privately held trading firm.

(this page under development)


Background

In 2014 DRW set up Cumberland Mining & Materials, LLC, whose name refers to the Grateful Dead's "Cumberland Blues" about a miner. Cumberland originally focused on cryptocurrency mining. It has mined ZCash which is reputed to have better privacy features than bitcoin.[1] DRW as Cumberland experimented with trading cryptocurrencies in 2015.[2] Cumberland reportedly bid successfully on 27,000 bitcoin of one of the final lots of bitcoin seized from Silk Road and that were auctioned off by the US Marshall Service in 2015.[3]



References