BitNile Holdings’ Subsidiary BitNile Purchases 1,325 Additional S19j Pro Antminers From Bitmain
The purchase of the 1,325 S19j Pro Antminers announced today is in addition to the previously disclosed purchase agreements with Bitmain for 20,600 Bitcoin miners, including 4,600 environmentally friendly S19 XP Antminers that feature a processing power of 140 terahashes per second (“TH/s”) and 16,000 S19j Pro Antminers that feature a processing power of 100 TH/s.
The Company’s Founder and Executive Chairman, Milton “Todd” Ault, III stated, “I believe the long-term outlook for Bitcoin is positive and am pleased to be in a position to invest in additional Bitcoin mining equipment to expand our cryptocurrency mining operations.”
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