EQS-News: Peak Mining Operations Update
Frankfurt/Main – 20 November 2023 – Peak Mining, part of Northern Data Group, today provided an update on its business activities for the month of October.
- Frankfurt/Main – 20 November 2023 – Peak Mining, part of Northern Data Group, today provided an update on its business activities for the month of October.
- Peak Mining produced a total of 178 Bitcoin in October 2023, generating revenues of EUR 5.0 million, roughly 16% more than the corresponding figure for the previous month.
- Peak Mining is in the process of upgrading its hardware following its recent USD 150 million hardware purchase .
- Peak Mining expect this to significantly increase by the end of Q1 2024, as new hardware and sites come online.