Tron Group acquires American Crypto Systems to increase capacity utilization

peshkov/iStock via Getty ImagesTRON Group (TGRP) acquires Idaho-based cryptocurrency miner American Crypto Systems with plans to increase capacity for the operation.TRON likes the location of the facility its suitable climate, abundant and relatively inexpensive electrical power resources, open market economic system, and tax advantages.American Crypto currently runs 200 machines and seeks expand to up to 500 mining rigs.The company expects research in software developments for data acquisition, data mining, encrypted data bookkeeping, and encrypted data acquisition will open new revenue markets for it.Previously (July 6), China's central bank shuts down software maker over cryptocurrency trading