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BTC Digital Ltd. Announces Deployment of 400 Bitmain Antminer T21 and 24 Antminer L9 Mining Machines
SINGAPORE, May 13, 2025 /PRNewswire/ -- BTC Digital Ltd. ("BTCT" or the "Company") (NASDAQ: BTCT), a blockchain technology company, today announced a
About this update from Btc Digital Ltd.
[{"type":"text","content":"SINGAPORE, May 13, 2025 /PRNewswire/ -- BTC Digital Ltd. (\"BTCT\" or the \"Company\") (NASDAQ: BTCT), a blockchain technology company, today announced a significant expansion of its proprietary mining operations with the deployment of 400 new Bitmain Antminer T21 machines, adding approximately 76 PH/s of Bitcoin mining hash rate. In parallel, the Company has also introduced 24 Bitmain Antminer L9 machines to its operations, contributing an additional 380 GH/s of Litecoin (LTC) mining capacity.\n\nThis latest deployment of 400 Antminer T21 units (the \"T21 miner\") underscores BTCT's commitment to enhancing its Bitcoin mining capabilities. Each T21 miner delivers up to 190 TH/s and features an advanced air-cooling system designed for efficient heat dissipation and stable operation.\nIn addition to bolstering Bitcoin mining, BTCT is also expanding into Litecoin (the \"LTC\") mining with the installation of 24 Antminer L9 units (the \"L9 miner\"). Each L9 miner provides approximately 16 GH/s and supports the Scrypt algorithm, making it suitable for mining LTC, DOGE, and other similar cryptocurrencies. The Company intends to further scale its LTC mining operations in the near future.\nSiguang Peng, Chief Executive Officer of BTCT, commented, \"This upgrade in mining capacity marks another step toward enhancing the productivity and revenue stability of our self-operated mining farms. It lays a solid foundation for our future large-scale expansion.\"\nAbout BTC Digital Ltd.\nBTC Digital Ltd. is a blockchain technology company, with a long-term strategy to create value across the metaverse, blockchain and cryptocurrency mining industry. The Company is committed to developing blockchain related businesses in North America, including cryptocurrency mining, mining farm construction, mining pool and data center operation, and miner accessories business.\nFor more information, please visit: https://btct.investorroom.com/\nSafe Harbor Statement\nThis news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \"will\", \"expects\", \"anticipates\", \"future\", \"intends\", \"plans\", \"believes\", \"estimates\", \"targ...