LM Funding adds 35 PH/s with energization at Oklahoma immersion unit

LM Funding (LMFA) America announced that the first BC40 Elite immersion cooled Foghashing unit at its Oklahoma site has been successfully energized. This first of two planned BC40 Elite units is powering 160 next-generation Bitmain S21 immersion miners, adding approximately 35 Petahash to the Company’s total energized hashrate. “We are excited to achieve this initial milestone in our Oklahoma expansion,” said Ryan Duran, President of U.S. Digital Mining. “We expect the second BC40 Elite Foghashing unit – supporting an additional 160 Bitmain S21 Immersion miners – to be installed later this month, subject to certain installation targets.”