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Seeking Alpha 2021-09-07 12:08:11

Neptune Digital Assets acquires additional nex-gen bitcoin miners

For supporting its expanding U.S. operations, Neptune Digital Assets (OTCPK:NPPTF) purchased an additional set of new Antminer S19 Pro next-generation Bitcoin ASIC mining machines sourced through the company's network of global blockchain partners. The Antminer S19 Pro's mining SHA-256 algorithm boasts a hashrate of 100 terahash per second (TH/s) with an energy efficiency of 29.5 joules per terahash (J/TH) and a power consumption of 3250W. The company's secured order of 530 Antminer S19 Pro machines is expected to be delivered in the coming months and will produce a combined hashrate of 53K TH/s. Neptune boasts of an existing 22K TH awaiting deployment and remains highly profitable with 981 rigs either online or coming online within months and staking/interest revenue of ~$350K/month. The company currently has $56M+ in assets on its balance sheet and zero debt.

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