Abits Group doubles capacity to 22MW

Abits Group (ABTS) announced a significant expansion of its operations through a new 10MW hosting facility in Memphis, Tennessee, effectively doubling its mining capacity. The Company has successfully completed the deployment of 400 units of Antminer T21 at its Duff operation which now runs a total hash rate of approximately 500PH/s. The Memphis addition, secured through a hosting agreement with 4545 S Mendenhall LLC, will increase the Company’s total power capacity to 22 MW and is expected to raise the total output to approximately 1EH/s.