NORTHERN BITCOIN DOUBLES ITS MINING CAPACITIES
Acquisition of 4,475 ASIC Miners / Doubling of existing mining capacities / Further significant expansion steps ahead of completion
Frankfurt am Main, Germany - July 01, 2019. Northern Bitcoin AG (XETRA: NB2, ISIN: DE000A0SMU87), one of the world's leading companies in the sustainable mining of bitcoin, has signed a purchase agreement for the acquisition of 4,475 ASIC miners. The hardware consists of devices from Canaan Creative and Bitmain Technologies. Just a few days ago, Northern Bitcoin announced the start of scaling of its business with the launch of 6 additional mobile mining containers at its first site in Norway, where a total of 55 Petahash/s (PH/s) are now running in 21 mobile mining containers.
With the signing of the purchase agreement, Northern Bitcoin doubles its mining capacity from 57 PH/s to around 112 PH/s thanks to the additional performance. The hardware will pass directly into the ownership of Northern Bitcoin and the company expects to be operational in the near future. "The acquisition of the sought-after hardware is a great success for our company," explains Moritz F. Jäger, CTO of Northern Bitcoin AG. "With the doubling of our mining equipment just a few days after the start of our global scaling, we are setting the pace with which we aim to take a leading position in the fast-growing blockchain industry in the coming years".
Northern Bitcoin AG is a technology company focused on the Bitcoin blockchain. Last year, together with the world's leading IT suppliers, it developed a mobile mining container that enables the company to roll out a sustainable solution for cost-efficient mining of the Bitcoin in the shortest possible time. This has been successfully tested since last year, and in June 2019 the company launched its global scaling. In addition to its first site in Norway, the company is preparing other sustainable sites where it will operate Bitcoin mining with excess green energy. The scaling of the company's own mining activities has been prepared at full speed in recent months. Today, the company is on the verge of significant expansion.
About Northern Bitcoin:
Northern Bitcoin AG is a technology company focused on the Bitcoin blockchain. It is challenging the status quo of Bitcoin mining and redefining it. As a pioneer, it provides Bitcoin and blockchain technology with a sustainable infrastructure. To this end, it operates its own state-of-the-art mining hardware based on renewable energy sources under extremely cost-efficient and secure conditions as well as a self-developed mining pool. The company is headquartered in Frankfurt am Main. Further information is available at www.northernbitcoin.com.
This press release does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities of Northern Bitcoin AG and does not constitute a prospectus of Northern Bitcoin AG. The information contained in this press release is not intended to form the basis of any financial, legal, tax or other business decision. Investment or other decisions should not be made solely on the basis of this press release. As with all business and investment matters, please consult qualified professional advice. This release and the information contained herein are not for distribution, directly or indirectly, in or into the United States of America, Canada, Australia or Japan.
Northern Bitcoin AG
Dr. Hans Joachim Dürr
Head of Corporate Communications
Telefon: +49 69 348 752 89
Telefon: +49 89 125 09 03 31
Für den Inhalt der Pressemitteilung ist der Einsteller, Dr. Hans Joachim Dürr (Tel.: +49 69 34 87 5289), verantwortlich.
Keywords: Bitcoin-Mining, green, sustainable, expansion
Unternehmensprofil: Northern Bitcoin AG
Es wurde noch kein Kommentar zu diesem Thema abgegeben.
Ihr Kommentar zum Thema
Weitere Pressemitteilungen von Northern Bitcoin AG lesen:
Frankfurt am Main – 20. September 2019 – Die Northern Bitcoin AG (XETRA: NB2, ISIN: DE000A0SMU87) präsentiert sich vom 8. bis 10. Oktober 2019 auf dem World Digital Mining Summit (WDMS). Das führende Event der Krypto-Mining-Branche findet erstmals in Deutschland in Frankfurt am Main, Unternehmenssitz der Northern Bitcoin AG, statt. Initiator und Ausrichter des Events ist Northern Bitcoins Pa...
Frankfurt am Main – 01. Juli 2019 – Die Northern Bitcoin AG (XETRA: NB2, ISIN: DE000A0SMU87), eines der weltweit führenden Unternehmen im nachhaltigen Mining des Bitcoins, hat einen Kaufvertrag über den Erwerb von 4.475 ASIC-Minern abgeschlossen. Bei der Hardware handelt es sich um unterschiedliche Geräte der Hersteller Canaan Creative und Bitmain Technologies. Erst vor wenigen Tagen hat...