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Cathedra Bitcoin Inc V.CBIT

Alternate Symbol(s):  CBTTF

Cathedra Bitcoin Inc. is a Canada-based bitcoin company. The Company develops and operates a high-density compute infrastructure across North America. It hosts bitcoin mining clients across its portfolio of three data centers (30 megawatts total) in Tennessee and Kentucky. The Company operates a fleet of proprietary bitcoin mining machines at its own and third-party data centers, producing approximately 400 Peta hashes per second (PH/s) of hash rate. It is focused on expanding its portfolio of data center infrastructure for high-density compute applications, including bitcoin mining and artificial intelligence. The Company is focused on managing and expanding its portfolio of hash rates through a diversified approach to site selection and operations, utilizing multiple energy sources across various jurisdictions.


TSXV:CBIT - Post by User

Post by Diomioon Feb 07, 2023 8:00am
486 Views
Post# 35271236

Wow - and we hit 1$ with 72 PH/s

Wow - and we hit 1$ with 72 PH/sUpon completing these final deployments, our active fleet will consist of over 4,400 latest-generation machines producing over 378 PH/s of hash rate using underclocked settings to maximize our operating margins. We will have delivered hash rate growth of approximately 425% since new management joined the Company in Q4 2021 (with hash rate of approximately 72 PH/s), compared to 103% hash rate growth for the bitcoin network over the same period.
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