BitNile mining company will acquire 16 000 cryptocurrency mining devices
The main goal of the expansion is to enter the TOP 10 largest public mining companies in America
02.11.2021 - 08:35
719
1 min
0
What's new? The American mining company BitNile (part of Ault Global Holdings) has received approval from the board of directors to increase its capital by $140 million to purchase new cryptocurrency mining devices.
Ault Global Holdings Press Release
What will the funds be used for? In total, BitNile plans to acquire 16 000 new miners. The order will be placed with the Bitmain manufacturer within the next 12 months. The hashrate of the mining fleet will grow from the current 0,4 EH/s to 2 EH/s.
According to the chairman of the holding’s board of directors, the investments in BitNile are aimed at realizing the main goal to enter the top ten largest American mining companies.
Useful material?
Telegram 
Twitter Market
Tether Finance division will be responsible for the issuance and redemption of USDT stablecoins
Apr 18, 2024
Trends
The first project introduced on the platform will be BounceBit (BB)
Apr 18, 2024
Business
The rate exchange of the native ACH token reacted with a 10% increase
Apr 18, 2024
Market
Miners are hunting for the first block after halving as the value of the first satoshi could exceed $1 million
Apr 18, 2024
Market
The platform will be non-custodial and accessible to everyone
Apr 15, 2024
Market
China Asset Management, Harvest Global Investments, and Bosera Asset Management have received permits
Apr 15, 2024
Cryptocurrency rates
-
Bitcoin
$64 010
BTC
-0.74%
-
Ethereum
$3 131.26
ETH
-1.05%
-
BNB Smart Chain
$609.91
BSC
+0.51%
-
Ripple
$0.519565
XRP
-1.83%
-
Dogecoin
$0.148332
DOGE
-2.71%
-
Cardano
$0.462913
ADA
-3.14%
-
Bitcoin Cash
$469.25
BCH
-2.76%
-
Polkadot
$6.76
DOT
-3.05%
-
Litecoin
$83.42
LTC
-0.18%
-
Stellar XLM
$0.112511
XLM
-2.3%