Cumberland DRW LLC
|Cumberland Mining & Materials|
|Key People||Bobby Cho, Donald R. Wilson|
Cumberland Mining & Materials, LLC is a cryptocurrency trading division of DRW, a privately held trading firm.
(this page under development)
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. DRW as Cumberland experimented with trading cryptocurrencies in 2015. 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.
- Bitcoin’s Trading Star Is Chicago High-Speed Firm That Nods to the Grateful Dead. Wall Street Journal.
- Big Investor Involvement Could Boost Bitcoin. Wall Street Journal.
- CUMBERLAND MINING HAS ‘WON BIG BITCOIN AUCTIONS’. Bitcoinist.