Hut 8 Mining has disclosed the purchase of 12000 New MicroBT miners for deployment by the end of Q4 2021.
Hut8 mining Corp has bought 11,090 MicroBT M30S, M30S+, and M31S miners from SuperAcme Technology for $44,373 million. SuperAcmey will deliver them at the beginning of October, and complete the full deployment by December of this year.
They also purchased 863 M30S+ and M30S miners earlier this week. It is scheduled to be delivered and fully deployed in July 2021.
The company said with the new hashrate installation, Hut8 will raise the current average production from 6.5 – 7.5 bitcoin per day to 14 to 16 bitcoin a day.
They expect the new fleet of miners to make up the first operational fleet in the company’s planned 100MW facility. However, currently, the facility is under development with the partnership of Validus power.
“We are excited to have identified this unique opportunity to purchase MicroBT equipment that will enable us to almost double our hashrate before the end of the year and substantially increase the number of Bitcoins earned on a daily basis,” CEO of Hut 8, Jaime Leverton said.