From a market cap to max current hash rate perspective, Bit Digital compares well to its peers with 1.9 EH/s to only a $685m valuation.As of June 30th, 45% of Bit Digital's 32,500 miners were either in transit or awaiting installation in the US, with 29% of the fleet still in China.During the second quarter, Bit Digital purchased 3,515 miners on the Chinese spot market, including 1,259 Bitmain S17Pro, 954 MicroBT M20S, and 930 Bitmain S17+.Bit Digital has a new, relatively large 100MW co-mining agreement with Digihost.The recent dislocation of Chinese miners should both increase availability and lower the costs across the spectrum of equipment types in China.
