An agreement with Bitmain Technologies has already been signed

Mining company Bit Digital plans to purchase 10 000 new devices

13.10.2021 - 08:45


1 min

What's new? A large mining company Bit Digital (BTBT ticker on the NASDAQ exchange) has announced the purchase of 10 000 Antminer devices for bitcoin mining. The supplier was a major hardware manufacturer Bitmain.

Bit Digital Press Release

What results are planned? After making a purchase and launching new devices, Bit Digital plans to increase the hashrate by 1 EH/s. According to the company's head Bryan Bullett, cooperation with Bitmain is an effective way to purchase a large number of mining devices.

Last year, Bit Digital mined more than 1,500 bitcoins, and in the first quarter of 2021 — 1013 coins. In total, the company has 43,600 miners, most of which have been moved from China to the United States because of mining industry bans by the Chinese authorities.

Subscribe to Getblock Magazine and stay up to date with the latest news from the world of cryptocurrencies and the digital economy