LM Funding adds additional 35 PH/s with energization of second Oklahoma unit

LM Funding (LMFA) America announced that it has energized the second BC40 Elite immersion cooled Foghashing unit at its Oklahoma site. This unit, powering an additional 160 next-generation Bitmain S21 immersion miners, adds approximately 35 Petahash, PH/s, bringing the Company’s total energized hashrate to an estimated 785 PH/s. “We are now operating at our highest energized and most efficient levels to date, with approximately 785 PH/s of hashrate across about 24 MW of powered capacity,” said Bruce Rodgers, Chairman and CEO of LM Funding. “This reflects disciplined execution, conviction in Bitcoin’s long-term value, and our focus on cost-efficient growth across our mining operations.”