Northern Data's Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets
mining

Northern Data's Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets

THELOGICALINDIAN - On April 4 the bitcoin mining operation Northern Data appear its banking statements and acclaimed that the companys mining agile had developed by about 21000 machines by the end of March 2022 The anew added machines added the companys hashrate from 2 exahash per additional in February to 395 EHs by the end of March

Northern Data Adds Thousands of New ASICs to the Mining Fleet, Hashrate Doubles

According to an analysis address appear by KPMG, the bitcoin miner Northern Data has apparent advance during the aftermost few months. Northern Data’s banking statements agenda that the close added 21,000 new ASIC mining rigs to the company’s agile of devices.

The latest accession brings Nothern Data’s absolute cardinal of ASIC rigs to 43,500 machines. Northern Data explains that the added machines resulted in added hashrate as they added 1.95 EH/s to the firm’s 2 EH/s capacity.

Northern Data says 21,700 are hosted machines and the blow of the miners are committed to the company’s own account. “By the end of the year, a absolute of added than 100,000 ASIC systems are accepted to be in operation, apery about 9.3 EH/s,” Northern Data explained in a columnist release. “The aggregate of these ASIC systems are already paid for,” the close added.

223,000 GPUs Operational, Firm Holds $168 Million in Bitcoin and Ethereum

In accession to ASIC mining rigs committed to mining bitcoin (BTC), Northern Data is mining ethereum (ETH) as well. “223,000 GPUs are operational back the end of aftermost year,” the close explained on Monday. “A absolute of 5,031 ETH were generated in March 2022,” Northern Data’s banking account shows.

In March, the aggregation mined 286 BTC and 5,031 ETH, which brings the firm’s crypto backing to 1,000 BTC and 35,200 ETH. At the end of March, Northern Abstracts appear that the aggregation has broadcast as well, to a absolute of 12 abstracts centers beyond the globe. Moreover, the aggregation aims to assignment in Tulsa, Oklahoma in 2024.

“Northern Abstracts entered into a affiliation with the State of Oklahoma and activity provider Grand River Dam Authority (GRDA) and affairs to body a abstracts centermost armpit in the about of Tulsa for about 70,000 ASIC systems by the end of 2024,” the company’s banking account concludes.

What do you anticipate about Northern Data abacus 21,000 machines to the company’s agile of miners? Let us apperceive what you anticipate about this accountable in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons