Bit Digital represents a large-scale mining operation located in the United States, with an aggressive growth plan focused on increasing capacity month-on-month.
States: Texas Nebraska Georgia New York
We exclusively operate on the
industry defining ASICs*
* Application-specific integrated circuits (“ASICs”) customized for bitcoin mining
Capital investment focused primarily on ASICs (mining computers), not physical infrastructure (data centers and power generation)
We partner with best-in-class data center operators, allowing us to specialize on mining
Giving us negotiating power to ensure lowest possible operational/electricity costs
Distributed footprint across stable North America jurisdictions maximizes business resiliency
Strategic partnerships poised to activate new power opportunities with renewables focus
Maximizing shareholder ROE
February 2020
Bit Digital commences Bitcoin mining.
April 2020
We launched 6,004 MicroBT M21S miners with a total hash rate of 310 Ph/s.
July 2020
We launched an additional 16,865 Miners (mining units), including 800 units of Innosilicon T3 miners, 256 Bitmain T17+ miners, 2,200 MicroBT M10 miners, 2,696 MicroBT M20S miners, and 10,813 MicroBT M21S miners. Bit Digital’s total hash rate reached 1,250 Ph/s.
September 2020
We launched an additional 100 MicroBT M21S miners in the US.
October 2020
Commenced mining operations in partnership with Compute North and Link Global Technologies.
December 2020
We expanded our North American bitcoin hosting partnerships with Compute North and Link Global Technologies allowing us to deploy greater mining power to North America.
February 2021
We expanded our North American bitcoin hosting partnerships with Compute North and Link Global Technologies allowing us to deploy greater mining power to North America.
April 2021
We launched an additional 4,871 mining units, including Bitmain S17+, Bitmain S17, and Bitmain S19Pro miners. Bit Digital’s total hash rate reached 2,574 Ph/s.
We signed a new 40MW agreement with hosting partners Compute North and their sustainable demand response program to deploy an additional 13,000 ASIC miners at Compute North facilities in the US, expanding our North American footprint.
May 2021
We joined the Foundry USA Pool with 5,679 machines, adding up to 280 PH/s of computing power to the pool.
July 2021
We purchased 3,515 miners on the Chinese spot market, including 1,259 Bitmain S17Pro, 954 MicroBT M20S, 930 Bitmain S17+, 261 MicroBT M30S, 101 Bitmain S17 and 10 Bitmain S17E models. Bit Digital’s total hash rate reached 1,920 Ph/s.
July 2021
Announced Digihost partnership expanded to 120MW.
August 2021
Announced 35 MW strategic partnership with Blockfusion USA
October 2021
Announced closing of $80 Million private placement to institutional investors
October 2021
Signed purchase agreement for 10,000 Antminers from Bitmain
November 2021
Completed full migration of miner fleet to North America
March 2022
39% of fleet deployed in the U.S.