Bitcoin Miner DMG Acquires 4,550 T21 Antminers for $12.1 Million

DMG Blockchain Solutions, a bitcoin miner and cryptocurrency exertion company, announced that the steadfast has purchased 4,550 T21 Antminer bitcoin miners from Bitmain Technologies. DMG elaborate that it paid $12.1 cardinal for the next-generation application-specific integrated circuit (ASIC) miners which equates to $14 per terahash a 2nd (TH/s).

DMG to Expand Fleet With Latest Purchase From Bitmain

DMG has revealed it has purchased 4,550 T21 Antminers from Bitmain and it expects to get 1.06 exahash per 2nd (EH/s) from the caller units. The steadfast elaborate that the miners outgo $12.1 cardinal and were financed done some currency and liquidated bitcoin (BTC). The mining steadfast is expecting the units to get sometime successful March 2024.

The T21 Antminer produces 190 TH/s but tin beryllium overclocked to 233 TH/s, DMG elaborate successful its announcement. The institution aims to vessel the miners to the firm’s Christina Lake information halfway facility. “DMG is readying to utilize its antecedently purchased mining containers, which are successful the process of being installed astatine its Christina Lake installation successful beforehand of taking transportation of the T21 miners,” the institution said successful a statement.

DMG added:

This caller fleet, successful operation with expected rationalization of its existing fleet, volition assistance DMG amended its wide fleet ratio anticipated to beryllium beneath 25 J/TH post-halvening, which is expected successful April 2024.

The quality follows respective mining operations acquiring ASIC bitcoin mining machines. Iris Energy conscionable precocious acquired 7,000 T21 Antminers from Bitmain and Riot Platforms secured 66,560 ASICs oregon 18 EH/s from Microbt. DMG mined 64.7 BTC successful November and by the extremity of the month, the steadfast held a full of 429 BTC worthy $18,801,182 utilizing prevailing speech rates.

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