Bit Brother Received 1,400 Mining Machines and Expect to Generate Approximate 14.15 BTC Per Month

Provided By PR Newswire

Last update: Jan 17, 2023

CHANGSHA, China, Jan. 17, 2023 /PRNewswire/ -- On December 22, 2022, Bit Brother Limited (the "Company," "we", "BTB" or "Bit Brother") (NASDAQ: BTB), through its subsidiary Bit Brother New York Inc ("BTB NY"), purchased 1,400 S19J Pro cryptocurrency mining servers from Grand Flourish Inc. for an aggregate purchase price of US$2,329,600. Each server has a hash rate of approximate 100 TH/S. All servers are new with a warranty of 6 months. As of today all 1,400 servers have been delivered. BTB started operating these servers. By using the data from Ultimuspool, a mining pool solution, and the settlement method of Full Pay Per Share (FPPS), we estimate that our servers can generate a total value of 0.4717 BTC per day, and thus approximately 14.15 BTC per month, assuming all these machine operate as expected.