USBTC Aims To Become Bitcoin Mining Powerhouse With Acquisition Of Celsius Assets

United States Bitcoin Corporation (USBTC) hopes to become one of the largest miners in the United States by increasing its computing power by 12.2 exahash per second (EH/s), after buying mining assets from bankrupt lender Celsius. Press release.

The miner was part of a consortium called Fahrenheit that won a bankruptcy auction of Celsius assets, which included a portfolio of loans, cryptocurrency assets and 121,800 mining machines. Once it brings all of its mining rigs online, it will have around 270,000 mining rigs, the miner told CoinDesk. That would lift its computing power into the ranks of mining giants such as Riot Platforms (RIOT), Core Scientific (CORZ) and Marathon Digital Holdings (MARA).


Edited by Aoyon Ashraf.

Information source: compiled by 0x information from COINDESK.Copyright belongs to the author Eliza Gkritsi, without permission, may not be reproduced

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