Fortress Technologies Announces Purchase of 4,500 Bitmain Antminer S19j Pro Bitcoin Mining Machines, More Than Tripling Hash Rate to 645 PH/S Upon 2022 Deployment
Fortress Technologies Inc., a Bitcoin company that develops and operates world-class bitcoin mining infrastructure, is pleased to announce the purchase of 4,500 Bitmain Antminer S19j Pro (100 TH/s) bitcoin mining machines. The machines are expected to be delivered in equal monthly installments from April through September 2022.
“This purchase order marks an important milestone in our journey to become an industry-leading bitcoin mining company. This is only the beginning”
The purchase adds 450 PH/s to the Company’s total contracted hash rate, more than tripling its previous contracted hash rate of 195 PH/s. Upon deployment of all 4,500 machines, Fortress’s hash rate is expected to amount to 645 PH/s.
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The purchase comes less than two weeks after the Company announced the purchase of 180 Whatsminer M30S machines and the deployment of three additional containers in its strategic venture with Great American Mining. Since the appointment of new leadership in September, Fortress’s contracted hash rate has grown more than 260%.
“This purchase order marks an important milestone in our journey to become an industry-leading bitcoin mining company. This is only the beginning,” said Drew Armstrong, President and Chief Operating Officer of Fortress Technologies.
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“We have ambitions to build a category defining business at the intersection of bitcoin mining and energy as these two sectors continue to converge. With this order, Fortress takes a significant step in that direction,” remarked AJ Scalia, Fortress’s Chief Executive Officer.
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