Neptune Digital Starts Bitcoin Mining At 15,512 TH/s

Neptune Digital Assets Corp. (TSXV: NDA) announced today that its initial Bitcoin mining machines have arrived and are being installed to commence the company’s Bitcoin mining operations. The company expects the machines will generate a total hashrate of 15,512 TH/s.

The 300 Bitmain S17 Bitcoin mining machines the company purchased for its initial operations have been delivered and thoroughly tested. These are now being installed within Link Global Technologies’ (CSE: LNK) hosting facilities.

The company also shared that it is currently generating $400,000 per month in staking earnings. Regarding its previously announced co-development agreement with Link Global Technologies, the company reported that the partnership has selected two sites for its renewable energy Bitcoin mining facility.

The company also shared that it reportedly has $53 million in cash and digital assets.

Neptune Digital Assets Corp. last traded at $1.03 on the TSX Venture.


Information for this briefing was found via Sedar and Neptune Digital Assets. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Steadright Secures Two Additional Exploration Licenses For Flagship Project

First Majestic Posts Record Quarterly Silver Production In Q3

Related News

Neptune Digital To Raise $40 Million Via Private Placement

Neptune Dash Assets Corp (TSXV: NDA) this morning announced that it will be conducting a...

Wednesday, April 14, 2021, 07:13:43 AM

Neptune Digital, Link Global Enter LOI For Development Of Renewable Energy Bitcoin Mining Facility

Neptune Digital Assets Corp (TSXV: NDA) has entered a letter of intent with Link Global...

Friday, March 19, 2021, 08:04:47 AM

Link Global Enters Bitcoin Royalty Mining Agreement

Link Global Tech (CSE: LNK) this morning announced that it has enter into an arrangement...

Wednesday, February 3, 2021, 09:19:52 AM