tiprankstipranks
Ault Inc. subsidiary announces 103 Bitcoin mined in February
The Fly

Ault Inc. subsidiary announces 103 Bitcoin mined in February

Ault Alliance announced that its wholly owned subsidiary, Sentinum, mined approximately 103 Bitcoin in February 2024. Of this total, approximately 52 Bitcoin were mined at Sentinum’s data center in Michigan, with the remaining approximately 51 Bitcoin from mining machines hosted with Core Scientific, Inc. The February 2024 mining run rate of approximately $7.4M represents the highest single monthly run rate for Bitcoin miners in the company’s history. The February mining operations represent a current Bitcoin mining operations annual run rate of approximately $89M worth of Bitcoin. The run rate is based upon a current Bitcoin price of $72,000 per coin.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on AULT:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles