Seeking Alpha
2022-01-06 21:34:14

Stronghold Digital Mining surpasses 1.3 exahash per second of hash rate capacity

Stronghold Digital Mining (NASDAQ:SDIG) exceeds 1.3 exahash per second of total hash rate capacity, with more than 14K miners received to date; 8.7K of those miners were received in the last five weeks, the company says. To date, SDIG's supplier MinerVa Semiconductor delivers over 1K miners to SDIG, with deliveries being made on a weekly basis. Additionally, "we expect the Scrubgress and Panther Creek plants to support Bitcoin miners with hash rate capacity exceeding 4.0 EH/s by the end of the second quarter in 2022," said Stronghold Digital Co-Chairman and CEO Greg Beard. Meanwhile, shares of SDIG slip 0.6% in after-hours trading. Previously, (Dec. 20, 2021) Stronghold Digital Mining bought 9,080 miners in December.

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