BitNile has mined approximately 750 Bitcoin to date
LAS VEGAS–(BUSINESS WIRE)–$AP #ARGO—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault” or the “Company”), today announced that its wholly owned subsidiary, BitNile, Inc. (“BitNile”) published an unaudited update on Bitcoin production and miner installation. The number of miners and production capacity metrics within this press release represent the S19j Pro and XP Antminers at the Michigan data center. BitNile’s Bitcoin mining production is currently operating at an estimated annualized run rate of 1,484 Bitcoin based on current market conditions, including a mining difficulty of 34.09 trillion.
BitNile has 20,441 S19j Pro and XP Antminers in possession, which once installed and energized, will generate a combined processing power of approximately 2.21 exahashes per second (“EH/s”), the computational power that is being used to mine Bitcoin. During the month of December 2022,
