Entering text into the input field will update the search result below

BitNile to expand Michigan Data Center power capacity to 300 MW

  • BitNile (NYSE:NILE) plans to expand the power capacity at its Michigan data center to 300 MW, which would enable bitcoin mining operations at the facility to operate ~90K Bitcoin miners.
  • On installation, the company's bitcoin mining production capacity is anticipated to be ~12 EH/s, representing an estimated

Recommended For You

Comments (4)

Have a tip? Submit confidentially to our News team. Found a factual error? Report here.

Anaconda Steel profile picture
Yeah… No forward looking statements there at all: IF we had 90k miners, we would have enough power for them, AND then we would be at 12EH - but in the meantime we’ll roll with our 20k machines, that SHOULD be here and fully installed by end of 2022.

Sounds like nothing could go wrong with the plan - besides hash rate decreases due to increased network difficulty, and server delivery issues, I’ll check in around December then…
Greenstocks2020 profile picture
@Anaconda Steel What do you think by now? Looks cheap
Anaconda Steel profile picture

Not sure - depends on your comps and valuation metrics. todays divesture of TOG (and how it’s being divested) sends mixed signals…
Equities Ghoul profile picture
@Anaconda Steel what are the mixed signals? I’m two months the company will receive 2 months worth of Bitmain miners all at once.
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.