- Neptune Digital Assets Corp. will begin Bitcoin mining operations in the coming weeks
- Link Global Technologies will provide rack space, power, facilities and servicing of up to 1,500 ASIC mining machines
- Neptune estimates that 1,500 machines will produce roughly 0.7 BTC per day
- Neptune Digital Assets is a publicly-traded company that manages a growing portfolio of cryptocurrency operations and assets
- Link Global Technologies (LNK) opened trading at C$1.42 per share
- Neptune Digital Assets (NDA) opened trading at C$0.29 per share
Neptune Digital Assets (NDA) will begin Bitcoin mining operations in the coming weeks.
Link Global Technologies (LNK) will provide rack space, power, facilities and servicing of up to 1,500 ASIC mining machines. Neptune estimates that at the current mining difficulty, 1,500 machines would produce roughly 0.7 BTC per day.
Further details will be announced in the weeks ahead regarding Neptune’s initial ASIC miner deployment and scaling operations.
“The economics of Bitcoin mining has changed drastically in the past months and as such we see this as another accretive revenue stream for shareholders. The partnership with Link enables us to rapidly move into Bitcoin mining with the ability to scale as quickly as our resources allow. We intend to operate a low-cost and highly profitable mining operation using the expertise and turnkey setup of Link along with Neptune’s ASIC miners.
As always, Neptune is committed to maintaining low overhead while adding digital assets to our balance sheet. We are very excited to scale this operation in order to add maximum value for our shareholders,” stated Cale Moodie, Neptune’s CEO.
Neptune Digital Assets is a publicly-traded company that invests in top market cap tokens, proof-of-stake cryptocurrencies, decentralized finance and associated blockchain technologies.
Link Global Technologies (LNK) opened trading at C$1.42 per share.
Neptune Digital Assets (NDA) opened trading at C$0.29 per share.