BitVentures enters crypto mining with Bitmain hardware following rebrand
Less than two weeks after its rebrand, BitVentures Limited has expanded into cryptocurrency mining. The Hong Kong tech company has already acquired various mining hardware from Bitmain to mine Bitcoin, Litecoin, and Dogecoin.
Its mining fleet comprises Antminer S21 XP Hydro units, S21 XP air-cooled miners, and Antminer L9 machines, which are expected to provide 30 PH/s for Bitcoin and 0.5 TH/s for Litecoin and Dogecoin. All installations are expected to be completed by the end of this month.
It also secured 0.5 megawatts of power capacity across several US data centers. Not to mention, the firm is preparing to scale into broader digital assets activities, including future staking and node services, describing the start of its…
