Sentinum Inc., the wholly owned subsidiary of Ault Alliance Inc. in Las Vegas, reports it has mined 668 Bitcoin with its Michigan Data Center in Dowagiac, southwest of Kalamazoo, in the first eight months of 2023.
An additional 241 Bitcoin were mined in partnership with Core Scientific, a leader in customizable infrastructure and software solutions for Blockchain networks, since the inception of the partnership on April 6 for a total of 909 Bitcoins mined so far in 2023.
“We are excited to share our notable strides in Bitcoin mining with our stakeholders,” says Milton “Todd” Ault III, executive chairman of Ault Alliance. “This success underscores our strategic efficiency and dedication. By leveraging the growing opportunities in the digital asset sector, we stay committed to elevating shareholder value. We extend our appreciation to our partners at Core Scientific, whose significant contributions were instrumental in achieving these impressive figures.”
Ault Alliance says maintains its commitment to the exploration and utilization of Blockchain technology and contributing to the digital asset industry while providing substantial value to its shareholders.
The company notes that all estimates and other projections are subject to the volatility in Bitcoin market price, the fluctuation in the mining difficulty level, the ability to build out, and provide the necessary power for miners, and other factors that may impact the results of Bitcoin mining production or operations.
For more information, visit ault.com.
To read the award-winning DBusiness article on cryptocurrency from the March/April 2022 issue, visit here.