InvestorsHub Logo
Followers 751
Posts 16577
Boards Moderated 0
Alias Born 05/30/2007

Re: CarlCarlMcB post# 3174

Tuesday, 12/19/2023 6:21:28 AM

Tuesday, December 19, 2023 6:21:28 AM

Post# of 7416
$BETS >>> DD ~ All in one! $$$$$$$$ ~ DYOR.



PLUS additional 509 S19 PRO+ rigs have been bought already!

Sums up to a total of 5,559 (1,750 + 509 + 3,300) S19 PRO+ mining servers.



Bit Brother Announces First Fully Loaded Texas Mining Farm and Development of Second Mining Farm

News provided by
Bit Brother Limited
12 May, 2023, 08:50 ET

CHANGSHA, China, May 12, 2023 /PRNewswire/ -- Bit Brother Limited (the "Company," "we", "BTB" or "Bit Brother") (NASDAQ: BTB) is pleased to announce that the newly purchased 1.5MW mining servers installed in its first Texas mining farm are in full operation and are located at 1968 N Access Rd, Clyde, TX 79510. The total number of installed servers in the first mining farm has reached 1,750 with aggregated computing power of 175,000TH/S, thus reaching its fully loaded capacity of 6MW. We estimate that our servers can generate a total value of 0.5 BTC per day, and 15 BTC per month, assuming that all the machines are functioning as expected.

On March 24, 2023, Bit Brother New York Inc., the subsidiary of BTB, entered into an agreement to purchase land in Texas with an area of 2 acres and a capacity of 5MW located at 5418 Lockheed Way, Abilene, TX 79603. The land purchase closed on April 17, 2023, and BTB marked this land as its second Texas mining farm. An aggregate of 509 newly purchased S19J Pro+ mining servershave been delivered to the second mining farm on April 23, 2023. The 509 servers are expected to be ready for operation by October 2023.

The Company seeks to provide as much transparency about its bitcoin mining operation as possible. The link below reflects Bitcoins we have mined in real-time:

https://www.blockchain.com/explorer/addresses/btc/37frzvqQeAzf6hWj4J9zrEzZf4WJoo3sRR

Link: https://www.prnewswire.com/news-releases/bit-brother-announces-first-fully-loaded-texas-mining-farm-and-development-of-second-mining-farm-301823269.html


BETS Announces Purchase of 3300 units of S19 Miners
December 1, 2023

CHANGSHA, China, Dec. 1, 2023 /PRNewswire/ -- Bit Brother Limited (the "Company," "we", or "Bit Brother") (NASDAQ: BETS) is pleased to announce it purchased 3300 units of Antminer S19 miners, injecting powerful momentum into its Bitcoin mining operations.

This substantial investment is expected to propelled Bit Brother's total hash rate to 400,000 TH/s assuming the 3300 units are fully functioning, further solidifying its emerging position in the cryptocurrency mining arena. The Company's technical team, through relentless efforts, optimized the performance of the mining machines, enhancing mining efficiency to generate more substantial returns for investors.

Mr. Jack Wu, CEO of Bit Brother stated, "We are incredibly proud of the achievement we have made. This marks a significant success in our strategic expansion in the Bitcoin mining sector. The acquisition of Antminer S19 miners is part of our ongoing efforts to ensure our mining operations remain highly competitive."

About Bit Brother Limited

Bit Brother Ltd is a multifaceted corporation with operations spanning business management in China and blockchain and cryptocurrency ventures in the United States. Within the U.S. jurisdiction, the company strategically manages and integrates cryptocurrency mining facilities. With a dedicated team of specialists, company has successfully expanded two mining ventures and is committed to further growth. For more information, please visit: www.bitbrother.com.

Link: https://finance.yahoo.com/news/bets-announces-purchase-3300-units-140000577.html

$$$BETS$$$
Bullish
Bullish