Lm funding invests in s21 bitmain mining machines in advance of 2024 bitcoin halving event

Purchases 300, high-efficiency, s21 antminers for $1.1 million delivery of machines expected during second quarter of 2024 tampa, fl, jan. 16, 2024 (globe newswire) -- lm funding america, inc. (nasdaq:lmfa) ("lm funding" or the “company") a cryptocurrency mining and technology-based specialty finance company, today announced that it has entered into an agreement to purchase 300 bitmain s21 antminer machines for approximately $1.1 million. the s21 is a high efficiency, high hash rate machine mining sha-256 algorithm manufactured by bitmain that generates a hash rate of 200 th/s with a power consumption of 3,500 w.
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