HashChain Technology Inc. (
TSX: V.KASH,
HSSHF,
Forum) on Thursday announced the deployment of 770 mining rigs.
This brings the company’s total number of operating rigs to 870, and a total of 1.23 megawatts towards cryptocurrency mining.
The latest installation demonstrates continued momentum for the company and brings the first Rigs online in the 20 megawatt facility in Montana.
As previously disclosed, an additional purchase order for 3,000 Rigs has been completed with the manufacturer, with the first shipment of 2,000 expected to arrive at the end of March, followed by 1,000 expected at the end of April.
Upon deployment of all the 3,000 purchased Rigs, HashChain will have a total of 3,870 Rigs in operation and be mining with approximately 5.8 megawatts of power.
More information can be found
here.
HashChain is a blockchain technology company and Canadian cryptocurrency mining company, supporting highly scalable and flexible mining operations across all major cryptocurrencies.
HashChain Technology was in the news recently when the company said it had signed a commitment for space for mining operations of up to 20 megawatts in a facility in Montana, U.S.A. The company has also signed a purchase order with its supplier of cryptocurrency mining rigs to facilitate orders on behalf of the company with a manufacturer to acquire 5,000 rigs.
FULL DISCLOSURE: HashChain Technology Inc.
is a paid client of Stockhouse Publishing.