Bitcoin Miner Buys 5,000 ASICs as Network Hash Rate Climbs to New All-Time High

nfsw14797 (8)in #dlike • 5 years ago

German Bitcoin (BTC) mining company Northern Bitcoin has signed a deal to buy almost 5,000 mining rigs from Bitmain and Canaan Creative, the company confirmed in a press release on July 1.

Northern, which is headquartered in Frankfurt but operates a site in Norway, aims to double its capacity, currently operating with 55 petahashes per second.

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5 years ago in #dlike by nfsw14797 (8)

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