BTC Digital Ltd. (NASDAQ: BTCT), a provider of Bitcoin mining services, announced that its contract with BITMAIN, a mining hardware manufacturer, is progressing as planned. The company intends to deploy 2,000 units of BITMAIN’s T21 miners to its North American facilities within the next 3–6 months.
The T21 miners, BITMAIN’s latest product, offer 190 terahashes per unit and use 3610 watts of energy per unit. Once deployed, BTCT’s total hash rate capacity will increase to 600 petahashes, nearly three times its current capacity.
BTCT is working on logistics, equipment installation, and network optimization to ensure the miners are operational on schedule.
This upgrade aims to improve the company’s mining efficiency and output, strengthening its position in the global cryptocurrency market. The company also plans to pursue further partnerships and scaling strategies .
“The introduction and deployment of the T21 miners mark a significant milestone in the evolution of our mining operations,” the CEO of BTCT stated.
“These devices will boost our mining capacity, optimize energy efficiency, and create greater potential value for our company. We look forward to continuing our collaboration with BITMAIN to advance the cryptocurrency industry.”
