is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. When all 19,100 miners are energized, based on current market conditions, including a current trading price of Bitcoin at approximately $28,400, and a mining difficulty of 48.71 trillion we expect our mining operations will generate nearly $60 million of revenue on an annualized basis."Īult Alliance notes that all estimates and other projections are subject to the actual installation of Bitcoin miners, the volatility in Bitcoin market price, the fluctuation in the mining difficulty level, and other actors that may impact the results of Bitcoin mining production or operations.įor more information on Ault Alliance and its subsidiaries, the Company recommends that stockholders, investors and any other interested parties read the Company's public filings and press releases available under the Investor Relations section at or available at About Ault Alliance, Inc.Īult Alliance, Inc.
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Through Core Scientific, we are unleashing the full potential of our operations to generate long-term value for our stockholders. With our Michigan data center providing 28 MW of power capacity and with the announced 30 MW of power capacity to be provided by Core Scientific, we will have access to 58 MW of power capacity to energize approximately 19,100 miners providing 2.1 exahashes per second of hash rate. Milton "Todd" Ault III, Founder and Executive Chairman of Ault Alliance shared his excitement, "Our expanded collaboration with Core Scientific allows us to continue growing our presence in the Bitcoin mining industry. This will result in BNI expanding its footprint to operate approximately 30 MW of power capacity at Core Scientific's facilities.
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BNI and Core Scientific amended their agreement, and BNI will now operate 10,000 of its S19j Pro miners with Core Scientific, starting as of May l, 2023.
The Company announced last month that BNI would operate 3,000 of its S19j Pro miners in Core Scientific's existing facilities starting in April 2023. (OTC: CORZQ) (" Core Scientific"), a prominent provider of high-performance blockchain computing data centers and software solutions.
(NYSE American: AULT), a diversified holding company (" Ault Alliance" or the " Company"), has announced the expansion of the strategic collaboration between its wholly owned subsidiary, BitNile, Inc.
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