Bit Digital is a sustainability-focused generator of digital assets with large-scale, global mining operations representing a currently-owned maximum hash rate of 1,603 EH/S.
With headquarters in New York, our bitcoin mining operations span North America and represent one of the largest operating fleets of any US-listed bitcoin miner.
We are committed to continually enhancing the sustainability of our operations and the larger bitcoin network, with the majority of our miners running on carbon-free power.
We secure power through strategic partnerships with specialised hosting center operators, keeping our infrastructure expenditure low and making efficient use of our capital.
A hash rate represents the amount of times per second that miners — specialized computers — perform network operations. As a large – scale participant in the global, decentralized network of miners, Bit Digital contributes to the crucial function of verifying transactions on the bitcoin network, and earns bitcoin rewards for doing so. PH/s stands for one quadrillion hashes per second.
Miners are specialized computer hardware designed to verify blocks of bitcoin transactions and in turn, secure the network. Miners earn newly-created bitcoins and transaction fees in connection with providing this service.
Bitcoin is a type of cryptocurrency operated by a decentralized authority; bitcoin transactions are verified by the computing power of a global pool of specialized, privately-owned computers. BTC stands for bitcoin.
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