VBit Technologies Acquires Over Eight Million USD For Sale From Bitmain Antminer S19 and S19 Pro Mining Hardware

PHILADELPHIA, December 8, 2020 / PRNewswire / – VBit Technologies, one of only a few mining companies that maintains hardware in the US and a trusted retailer of the Antminer brand, has just announced an order of over 3,000 Antminer S19 and S19 Pro miners – the largest generation efficient and up-to-date ASIC mining hardware from Bitmain with expected arrival and “plug-in” date in arriving batches December 2020 i August 2021.

VBit estimates that this equipment consolidation will add a 50% increase to its current aggregate operating hash rate and allow it to continue its mission of bringing Bitcoin mining to the masses.

VBit currently runs a variety of Antminer 19 series, 17 series and a variety of Innosilicon miners out of its North American data centers in North America. Alberta (Canada) a Colorado (US) and in the process of acquiring a new data center at Montana, United States.

The company further shared its plans regarding the aggressive expansion of its mining operations acquiring 500 MW of power within the next three years to become one of the largest bitcoin mining operations in the world.

Danh VoThe CEO and founder of VBit also gave an insight into what else this is Philadelphia company preparing:

“This hashrate booster is just the beginning. Soon we will introduce other products, such as a bitcoin wallet and possibly a debit-paying Visa / Mastercard debit card, that would ensure cryptocurrency more available for use in real world transactions. “

VBit is a technology company founded in 2018 that aims to bring cryptocurrency adoption to the masses by making things simple for people to understand and get involved with. Its core product right now is bitcoin mining hardware packages that are conveniently bundled with hosting options available in its data centers to make it simple for everyday people to get involved.

Contact: [email protected]
Website: https://www.vbitmining.com/

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VBit Data Center

SOURCE VBit Technologies