Odaily Planet Daily News Peak Mining, a subsidiary of Bitcoin mining company Northern Data Group, announced that it signed a contract worth US$150 million with Bitcoin mining machine manufacturer MicroBT.
The contract, signed in June this year, will equip Peak Mining with the latest liquid-cooled Bitcoin mining equipment exceeding 7 EH/s, including Whatsminer M53S+/M53S++ and M50S+/M50S++. In addition, Peak Mining has the option to purchase an additional $150 million in hardware.
The first batch of liquid-cooled miners is expected to be delivered in October 2023 and will be installed at Peak Mining’s 30 MW mine in North Dakota.