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BitNile has received 1885 S19j Pro miners and mined 53.7 Bitcoins in the fourth quarter

BitNile has received 1885 S19j Pro miners and mined 53.7 Bitcoins in the fourth quarter

2022/1/4

According to reports, diversified holding company BitNile Holdings, Inc. released an unaudited report on Bitcoin production and miner installation updates. BitNile plans to focus its mining efforts on the Michigan data center and sell 1,600 S9 Antminers in Indiana. BitNile has received 1885 S19j Pro Antminer, of which 1705 miners have a hash rate of approximately 170.5 PH/s. In the fourth quarter of last year, BitNile mined a total of 53.7 bitcoins. In addition, BitNile has signed a purchase agreement with Bitmain for a total of 20,600 Bitcoin miners, including 4,600 S19 XP Antminers (with a processing capacity of 140 TH/s) and 16,000 S19j Pro Antminers (100 TH/s). According to the agreement, starting from November 2021, BitNile will receive 300 S19j Pro Antminers every month. Starting in March 2022, it will increase to an estimated 2,300 miners per month. Once all 20,600 miners are deployed and put into operation, BitNile is expected to achieve a mining capacity of approximately 2.24 EH/s.

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