TTM Digital Assets & Technologies, Inc. (formerly known as “TTM Ventures, LLC”) (“TTM Digital”, “the Company”, “we”) is a digital asset (cryptocurrency) mining company. The Company specializes in mining using Graphics Processing Units (GPU) for digital asset mining. The Company’s operations are primarily focused on mining Ethereum. Ethereum is a blockchain platform with its own cryptocurrency, called Ether (ETH) or Ethereum. Ether is the cryptocurrency generated by the Ethereum protocol as a reward to miners in a proof-of-work system for adding blocks to the blockchain.
TTM operates its digital asset mining operations out of two data centers optimized for digital asset mining in the United States. Operating from North Carolina (beginning in 2021) and New York. The Company’s operations is heavily focused on the mining activities associated with digital assets and the miners are currently configured to be utilized within the Ethereum blockchain. As the operational focus of the business, the continuation of the Ethereum blockchain is a critical dependency of the business. Historically, the Company has mined other digital assets which operate on network configurations compatible to the mining equipment on hand.
TTM Digital was formed as a Delaware LLC and was operated as a manager-managed company. TTM Digital had a total of 18 members and was managed by managers through the management company, Moon Manager LLC. TTM Ventures had one subsidiary, Down South Hosting LLC. This holding company owns a 50% interest in Up North Hosting LLC (“Up North Hosting” or “UNH”).
According to webull.com; sec.gov. Source of photo: internet
