The company Bit Brother Limited (the "Company," "we," or "Bit Brother") (NASDAQ: BETS) is pleased to announce that it has acquired 3300 Antminer S19 miner units, which are injected with powerful momentum into its Bitcoin mining operations.
This substantial investment will propelled Bit Brother's total hash rate to 400,000 TH/s assuming the 3300 units are fully functional, further solidifying its position in the cryptocurrency mining space as a result of this substantial investment. By enhancing mining efficiency, the Company's technical team, through relentless efforts, was able to enhance the performance of the mining machines, thus generating more substantial returns for investors.
Despite the fact that Bit Brother is only a small company, Jack Wu, the CEO of Bit Brother, said, "We're extremely proud of the achievement we've made. This marks a significant success in our strategic expansion into the Bitcoin mining market. As part of our ongoing efforts to ensure that our mining operations remain highly competitive, the acquisition of Antminer S19 miners is one of our most important goals."
The company Bit Brother Limited can be found at the following address:
This company is a multi-faceted corporation whose operations encompass business management in China as well as blockchain and cryptocurrency ventures in the U.S. In addition to managing and integrating cryptocurrency mining facilities within the United States jurisdiction, the company is committed to further expansion. The company has successfully expanded two mining ventures with the help of a dedicated team of specialists. For more information, please visit: www.bitbrother.com.
Statements that are forward-looking
In this press release, there are certain statements that may be deemed as "forward-looking statements".Unless otherwise stated, all statements included in this document other than statements of historical fact are forward-looking statements..In addition to the use of forward-looking terminology, these forward-looking statements are often identified by the use of terms such as "believes," "expects" or similar expressions, which are subject to known and unknown risks and uncertainties.. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, these statements do involve assumptions, risks and uncertainties, and it is possible that these expectations may prove to be incorrect at a later time. The forward-looking statements in this press release, which speak only as of the date of this press release, should not be relied upon unduly.. As a result of a variety of factors, the actual results of the Company may differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. As part of BETS's filings with the Securities and Exchange Commission ("SEC"), BETS has described a number of risks and uncertainties that, among other things, include but are not limited to the following:. The following list of risk factors, as well as those identified elsewhere in this press release, could cause actual results to differ materially from historical performance and include, but are not limited to, the following sources of risk:
The following list of risk factors, as well as those identified elsewhere in this press release, could cause actual results to differ materially from historical performance and include, but are not limited to, the following sources of risk:
Therefore, forward-looking statements should never be relied upon as representing our views as of any subsequent date, and you should not place undue reliance on these forward-looking statements in making a decision as to whether to invest in our securities.. In light of the fact that we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether in light of new information, future events or for any other reason, except as may be required under applicable securities laws, we do not undertake any obligation to do so.
In light of the fact that we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether in light of new information, future events or for any other reason, except as may be required under applicable securities laws, we do not undertake any obligation to do so.
Contact information: [email protected], +86-0731-82290658
Bit Brother Limited is the source of this information
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