Funding agency DL Holdings (1709) mentioned it agreed to spend a complete of HK$320 million ($41 million) on bitcoin mining rigs from Bitmain because it goals to turn out to be Hong Kong’s largest publicly traded bitcoin miner inside two years.
The two,995 Antminer S21 hydro-cooled machines will probably be put in in knowledge facilities in Oman and Paraguay, the corporate mentioned in an announcement. Internet hosting and operational assist will probably be dealt with by Bitmain, one of many world’s largest producers of crypto mining gear.
Mixed with the two,200 machines it purchased simply two weeks in the past, DL now boasts a hashrate of round 2.1 exahashes per second (EH/s), the corporate mentioned.
As a part of the broader technique, DL mentioned it plans to tokenize its mining operations and combine AI optimization instruments, enabling extra environment friendly vitality use and doubtlessly creating accessible digital funding merchandise.
