Bitcoin miner Northern Data's fleet has grown by 21,000 newly added ASIC bitcoin miners, according to the firm's financial statements.
Northern Data's Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets
On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000 machines by the end of March 2022. The newly added machines increased the company’s hashrate from 2 exahash per second in February to 3.95 EH/s by the end of March.According to an audit report published by KPMG, the bitcoin miner Northern Data has seen growth during the last few months.
The latest addition brings Nothern Data’s total number of ASIC rigs to 43,500 machines. Northern Data explains that the added machines resulted in increased 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 rest of the miners are dedicated to the company’s own account. “By the end of the year, a total of more than 100,000 ASIC systems are expected to be in operation, representing approximately 9.3 EH/s,” Northern Data explained in a press release. “The bulk of these ASIC systems are already paid for,” the firm added.
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