Express

Bit Digital Acquired $13.9 Million Worth Of Bitcoin Miners, Increasing The Total Hash Rate To 2,253.5 PH/S

Mary Liu

Summary: Nasdaq-listed mining company Bit Digital, Inc. (Nasdaq: BTBT) announced today that it has completed the acquisition of 17,996 Bitcoin miners worth $13,902,742. These miners are from Xinjiang, Sichuan and Inner Mongolia, China. It is expected to be fully installed before the end of December 2020. After the deployment is complete, the company's total hash rate ...

Nasdaq-listed mining company Bit Digital, Inc. (Nasdaq: BTBT) announced today that it has completed the acquisition of 17,996 Bitcoin miners worth $13,902,742. These miners are from Xinjiang, Sichuan and Inner Mongolia, China. It is expected to be fully installed before the end of December 2020. After the deployment is complete, the company's total hash rate will increase from 1,250 Ph/s to 2,253.5 Ph/s.

By Mary Liu

  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 11 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 14 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 14 days ago
  • You need to login to comment.