Fortress Purchases 4,500 Bitcoin Mining Machines From Bitmain

Bitcoin mining agency Fortress Applied sciences has ordered 4,500 Bitmain Antminer S19j Professional machines because it seeks seize a larger share of mining income.

  • The acquisition will greater than triple Fortress’ hash charge from 195 petahash per second to 645 PH/s, the agency announced Monday.
  • The machines are scheduled for supply in month-to-month instalments from April to September 2022.
  • Monetary phrases weren’t disclosed. Fortress didn’t instantly reply to CoinDesk’s request for particulars.
  • The acquisition follows two weeks after that of 180 Whatsminers M30S machines, that are expected to be put in by the center of this month.
  • The Toronto Enterprise Trade-listed Fortress (TSX-V: FORT) underwent a shake-up of its management crew in September following the departure of CEO Aydin Kilic, who joined publicly traded crypto mining agency Hive Blockchain as president and COO.
  • Antonin Scalia and Drew Armstrong joined Fortress from Galaxy Digital as CEO and COO respectively.
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Learn extra: Hive Blockchain Orders Another 6,500 Bitcoin Mining Machines From Canaan

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