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Seeking Alpha 2021-07-07 14:39:49

Neptune Digital Assets secures order for next-gen mining machines to expand Bitcoin mining operations

Valerii Evlakhov/iStock Editorial via Getty Images Neptune Digital Assets ([[NPPTF]] +7.6%) has secured the purchase of new next-generation mining machines for its continued strategy to scale its Bitcoin mining operations. The mining machines are sourced through Neptune's growing network of global blockchain partners providing it with the highest performing mining hardware available. Neptune's secured order of 200 S19 Pro machines is expected to be delivered and functioning by the end of summer 2021 and produce a combined hashrate of 22,000 terahash per second (TH/s). The Company has 298 ASIC S17 Bitcoin mining machines currently hosted with Link Global Technologies that are averaging 0.09BTC per day or $114,000 per month at the current Bitcoin price and holds $47.06M in cash, investments and digital assets.

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