According to Odaily, Nasdaq-listed mining company BTC Digital (BTCT) has announced significant progress in its strategic contract with Bitmain. Over the next three to six months, BTCT plans to deploy 2,000 Bitmain T21 mining machines. Once the deployment is complete, BTCT's total computing power capacity is expected to reach 600 petahashes per second (P), nearly tripling its current capacity.
This expansion marks a substantial step forward for BTCT in enhancing its mining operations. The deployment of the new Bitmain T21 machines is anticipated to significantly boost the company's efficiency and output in the competitive cryptocurrency mining industry. The strategic partnership with Bitmain, a leading manufacturer of cryptocurrency mining hardware, underscores BTCT's commitment to leveraging advanced technology to optimize its operations.
The increase in computing power is expected to position BTCT more favorably in the market, potentially leading to increased profitability and market share. As the company scales up its operations, it aims to capitalize on the growing demand for cryptocurrency mining and the opportunities it presents. This development reflects BTCT's strategic focus on expanding its infrastructure and capacity to meet the evolving needs of the digital currency landscape.