Ault alliance's subsidiary bitnile, inc. has received all 20,645 bitcoin miners from the first five contracts with bitmain technologies limited
Las vegas--( business wire )--ault alliance, inc. (nyse american: ault), a diversified holding company (“ault,” or the “company”) today announced that its wholly owned subsidiary, bitnile, inc. (“bitnile”) has received 20,645 antminers, fulfilling the first five of seven contracts with bitmain technologies limited (“bitmain”) including 4,628 environmentally friendly s19 xp antminers that feature a processing power of 140 terahashes per second (“th/s”) and 16,017 s19j pro antminers that feature a processing power of 100 th/s. the company announced that the 20,645 antminers in possession, once installed and energized, will generate a combined processing power of approximately 2.25 exahashes per second (“eh/s”), the computational power that is being used to mine bitcoin, will generate an expected annualized revenue run rate of approximately $60 million, based on current market conditions, including a mining difficulty of 37.59 trillion.
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