{"id":51072,"date":"2021-10-12T17:54:52","date_gmt":"2021-10-12T14:54:52","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=51072"},"modified":"2025-09-02T21:44:07","modified_gmt":"2025-09-02T18:44:07","slug":"bit-digital-to-buy-10000-antminer-devices-from-bitmain","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bit-digital-to-buy-10000-antminer-devices-from-bitmain\/","title":{"rendered":"Bit Digital to buy 10,000 Antminer devices from Bitmain"},"content":{"rendered":"<p>Nasdaq-listed Bit Digital <a href=\"https:\/\/www.prnewswire.com\/news-releases\/bit-digital-announces-agreements-to-purchase-10-000-antminers-from-bitmain-301397718.html\">\u043f\u043e\u0434\u043f\u0438\u0441\u0430\u043b\u0430<\/a> agreement with Bitmain to purchase 10,000 Antminer devices for Bitcoin mining.<\/p>\n<p>The company expects that after receipt and deployment of this batch of equipment Bit Digital&#8217;s hash rate will increase by 1 EH\/s.<\/p>\n<p>The CEO Bryan Bullet called the Bitmain deal &#8220;an efficient way to acquire a large number of new miners&#8221;. He noted that Bit Digital would continue to diversify its procurement through the spot market for equipment.<\/p>\n<p>Bit Digital<a href=\"https:\/\/u1f987.com\/en\/news\/bit-digital-which-shifted-to-mining-mined-21m-worth-of-bitcoin-in-a-year\"> mined 1,510 BTC in 2020<\/a>, having moved into the mining industry from P2P lending and car rental in China.<\/p>\n<p>In Q1 2021, the company<a href=\"https:\/\/u1f987.com\/en\/news\/bit-digital-mined-1013-btc-in-q1\"> mined 1,013 BTC<\/a>. By the end of the period, Bit Digital&#8217;s fleet stood at 43,606 Bitcoin miners, the majority of which were in China \u2014 35,090 units.<\/p>\n<p>In Q2, the firm<a href=\"https:\/\/u1f987.com\/en\/news\/nasdaq-listed-bit-digital-mined-562-9-btc-in-the-second-quarter\"> generated 592 BTC<\/a>. The decline in the metric was linked to <a href=\"https:\/\/u1f987.com\/en\/news\/the-great-chinese-migration-will-russia-become-a-haven-for-bitcoin-miners-from-china\">the migration of mining capacity out of China<\/a>.<\/p>\n<p>On June 21, Bit Digital halted operations in China and accelerated its move to relocate the business to North America. The company began pursuing this strategy in October 2020.<\/p>\n<p>In June, Bit Digital<a href=\"https:\/\/u1f987.com\/en\/news\/bit-digital-to-boost-hash-rate-in-north-america-with-new-partnership\"> partnered<\/a> with blockchain-hosting provider Digihost Technologies to host in its data centres equipment with a capacity of 20 MW.<\/p>\n<p>In July, the firms<a href=\"https:\/\/u1f987.com\/en\/news\/bit-digital-to-expand-partnership-with-digihost-to-boost-hash-rate\"> expanded their cooperation<\/a> and agreed to host Bit Digital&#8217;s miners with a capacity of 100 MW.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bit Digital, a Nasdaq-listed mining company, signed an agreement with Bitmain to purchase 10,000 Antminer devices for Bitcoin mining.<\/p>\n","protected":false},"author":1,"featured_media":51073,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1183,426,1137],"class_list":["post-51072","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bit-digital","tag-bitmain","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=51072"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51072\/revisions"}],"predecessor-version":[{"id":51074,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51072\/revisions\/51074"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/51073"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=51072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=51072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=51072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}