2 years ago
Crypto miner Bit Digital (BTBT) has deployed 39.2% of its full crypto mining rigs successful North America a fewer months aft wholly moving retired from China.
As of March 15, 10,462 bitcoin miners and 712 Ethereum miners person been deployed successful the firm's North America sites, which equate to 0.511 Exahash/second (EH/s) and 0.188 Terahash/second (TH/s) of computing powerfulness respectively. All of its rigs person been successful North America since Nov. 17, but it takes a portion to unafraid energy and make facilities to location them, the miner said successful a property release.
In total, the steadfast held 27,744 bitcoin miners and 731 Ethereum miners astatine the extremity of 2021. It besides placed an bid for 10,000 machines with Bitmain successful October of past year, for a maximum terms of $65 million, the steadfast said successful the press release.
Bit Digital mined 240.57 bitcoins (BTC) successful Q4 2021, a important autumn from the 695.96 BTC mined successful Q4 2020. The driblet is chiefly owed to the miner migration and redeployment, the steadfast said.
All successful all, Bit Digital expects 103 megawatts (MW) of hosting capableness for its mining rigs to beryllium acceptable by the extremity of the year, paying a basal interest for powerfulness and hosting of $3.7 cents per kilowatt-hour connected mean crossed antithetic contracts.
Compute North is presently providing astir 20MW to its mining sites successful Nebraska and Texas, and volition present different 28MW of hosting capableness to the miner during the past 2 quarters of this year, according to the property release.
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Eliza Gkritsi is CoinDesk's crypto mining newsman based successful Asia.
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