Codebase Ventures Inc. is pleased to announce that the Company has received confirmation of the completed delivery of all 115 Antminer S17+ 76Th Bit Mining units to their hosting facility in New York StateThe Company’s Bit Mining infrastructure is currently online and are generating revenue on an ongoing basis. In addition to the previously announced terms of acquiring the bit mining infrastructure, Codebase has the …
Codebase Ventures Inc. (“Codebase” or the “Company”) (CSE:CODE)(FSE:C5B)(OTCQB:BKLLF) is pleased to announce that the Company has received confirmation of the completed delivery of all 115 Antminer S17+ 76Th Bit Mining units to their hosting facility in New York State
The Company’s Bit Mining infrastructure is currently online and are generating revenue on an ongoing basis. In addition to the previously announced terms of acquiring the bit mining infrastructure, Codebase has the first right of refusal on an additional 5MW capacity, should the Company choose to expand their Bit Mining operations.
Highlights
- Codebase has received confirmation of delivery of 115 Antminer S17+ 76Th Bit Mining units
- The Company amended its previous supply agreement to expedite delivery of bit mining infrastructure in the face of global microchip shortages
- All 115 units are online and earning revenue for Codebase.
“As previously announced, under mounting pressure resulting from microchip shortages across the industry, Codebase took steps to put new supply in place and online,...
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