Ault Alliance (AULT) announced that its wholly owned subsidiary, BitNile has issued an unaudited update on its Bitcoin mining operations reporting BNI’s mining operations is currently operating at a hash rate of 2.1 exahashes per second with approximately 9,000 of its Bitcoin miners at its Michigan data center and 10,000 Bitcoin miners that are being hosted through its strategic collaboration with Core Scientific (CORZ). The annualized gross value of Bitcoin currently being mined utilizing BNI’s miners is more than $55M, based on current market conditions, including a current trading price of Bitcoin at $30,500 and a mining difficulty of 52.35T.
Published first on TheFly
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