With the addition of new miner, Bit Digital’s hash rate will increase from 2,250 Ph/s to 2,574 Ph/s. Bit Digital’s Chief Financial Officer Erke Huang confirmed the purchase of new miners while explaining the acquisition’s importance. According to Huang:
New miners to leverage on bitcoin’s rising value
The New York-based company will deploy the miners in North America to increase its bitcoin production capability. Bit Digital seeks to utilize the rising bitcoin rally that has the asset experience four major price movements in 2021. The statement adds that some miners have already been delivered and deployed in various United States facilities. There are the Bitmain S17+, Bitmain S17, and Bitmain S19Pro miners under the new catalog of new miners. The firm has been focusing on purchasing miners which provide high hash rates and high energy efficiency.
