BETS Announces Delivery Of The All Equipment At The Second Mining Farm; As Of Now, The Co Has Received An Initial Batch Of ~1,400 Miners, Mining Containers, Transformers, Sound Barriers And Other Equipment Required For The Operation

Author: Benzinga Newsdesk | January 25, 2024 10:26am

Bit Brother Limited (the "Company," "we", or "Bit Brother") (NASDAQ: BETS) is pleased to announce that all equipment for the operation of our second cryptocurrency mining farm have been delivered. Due to the extremely cold weather in mid-January in Texas some of the equipment delivery which were expected to be delivered before January 10, 2024 were not delivered until January 19, 2024. As of now, the Company has received an initial batch of approximately 1,400 miners, mining containers, transformers, sound barriers and other equipment required for the operation. The 1400 miners have been installed and tested. Majority of the assembly and testing of the other equipment has been completed. We are preparing for the inspection by the Abilene City and issuance of Certificate of Occupancy. Bit Brother expects to receive the Certificate of Occupancy and commencement of Site 2 in early February 2024.

Posted In: BETS