TORONTO, April 29, 2022–(BUSINESS WIRE)–(Block Top: 734,131) – Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“Cathedra“), a Bitcoin firm that develops and operates world-class bitcoin mining infrastructure, as we speak pronounces its first batch of 750 new Bitmain Antminer S19j Professional mining machines has shipped and is anticipated to be delivered to the Firm’s Washington facility within the coming days.
560 of the brand new machines shall be put in on the Firm’s Washington facility, the place they are going to change totally depreciated Bitmain Antminer S9 machines and are anticipated to extend Cathedra’s hash fee by 35 PH/s to a complete of 67 PH/s.
The remaining 190 machines shall be delivered to the Firm’s New Hampshire manufacturing facility, the place they are going to be used to check the primary accomplished batch of Cathedra’s bitcoin mining rovers—modular, cell bitcoin mining datacenters.
Cathedra has bought an extra 4,350 latest-generation machines that shall be delivered in batches every month by means of the tip of the yr. The Firm expects to deploy these machines at a mix of on- and off-grid mining places, pursuant to its diversified method to website choice and operations. Upon full deployment, the Firm expects these machines to carry its complete hash fee to 725 PH/s by year-end.
About Cathedra Bitcoin
Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) is a Bitcoin firm that develops and operates world-class bitcoin mining infrastructure.
Cathedra believes sound cash and plentiful vitality are the basic components to human progress and is dedicated to advancing each by working intently with the vitality sector to safe the Bitcoin community. As we speak, Cathedra owns 187 PH/s throughout varied websites round the US and expects to deploy an extra 538 PH/s in 2022. Upon the total deployment of its bought machines, Cathedra’s hash fee is anticipated to complete 725 PH/s. The Firm is targeted on increasing its portfolio of hash fee by means of a diversified method to website choice and operations, using a number of vitality sources throughout varied jurisdictions.
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