BTC Digital (BTCT) expanded its proprietary mining operations with the deployment of 400 new Bitmain Antminer T21 machines, adding approximately 76 PH/s of Bitcoin mining hash rate. In parallel, the company has also introduced 24 Bitmain Antminer L9 machines to its operations, contributing an additional 380 GH/s of Litecoin, or LTC, mining capacity. Each T21 miner delivers up to 190 TH/s and features an advanced air-cooling system designed for efficient heat dissipation and stable operation. Each L9 miner provides approximately 16 GH/s and supports the Scrypt algorithm, making it suitable for mining LTC, DOGE, and other similar cryptocurrencies. The company intends to further scale its LTC mining operations in the near future.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BTCT:
- BTC Digital Expands Cryptocurrency Mining Operations with Georgia Property Acquisition
- BTC Digital acquires 62-acre property in Georgia for cryptocurrency mining
- BTC Digital Ltd. Updates Share Incentive Plan to Boost Employee Engagement