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Mining firm BitNile, a subsidiary of the holding company Ault Global Holdings, entered into agreements to purchase a total of 20,600 ASIC devices. This is stated in a press release.
According to an unaudited report, these are 4600 Antminer S19XP and 16,000 Antminer S19j Pro from Bitmain.
“Since November 2021, BitNile has been receiving 300 S19j Pro miners per month in accordance with the agreement. From March 2022, the plan will grow to the expected 2,300 devices per month, ”the message says.
After deploying the equipment, the company expects to increase the hash rate to 2.24 EH / s. The data center is located in Michigan.
Earlier, the board of directors of Ault Global Holdings approved an increase in BitNile’s capital by $ 140 million. The funds were going to be used to purchase 16,000 ASIC devices.
Recall that in December, the mining company Marathon Digital Holdings agreed with Bitmain to purchase 78,000 units of Antminer S19XP for $ 879.06 million.
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