Bit Brother Limited (the “Company,” “we,” or “Bit Brother”) (OTC Pink: BETSF) is pleased to announce that our second cryptocurrency mining farm has been launched in Abilene, Texas.
With the unremitting efforts of the operations team, we overcame all difficulties and continue to move forward. Site 2 passed all inspection benchmarks and obtained the occupancy certificate on June 7, 2024, and then began mining on June 8, 2024.
Based on the rich operating experience accumulated by Site 1, the initial batch of 1,368 S19 miners at Site 2 are expected to produce 3 BTC per month. Therefore, Site 1 and Site 2 are expected to achieve a combined monthly production of 7 BTC assuming all miners are operating normally. The simultaneous operations of these two sites will take Bit Brother’s mining operational capacity to the next level.
Precisely we have found that the investment and construction cycle of the Bitcoin mining farm is long and there are too many uncertainties, and that is why the management team is studying and evaluating a better way for Site 3, such as the trust model.
In 2024, Bit Brother’s cryptocurrency mining cluster will reach a major development milestone, it is expected to generate explosive revenue as Bitcoin caused a notable surge and will lay a solid foundation for the company’s future development and create more returns for everyone. the investors.
