2021-8-20 11:44 |
The company expects a minimal contribution from its cryptocurrency mining processor sales going forward.
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The team is already years into work on the next version of the potentially revolutionary NorthPole hardware.
The miner's bitcoin production per unit of computing power was low in April.
“You’re saying this is not what customers want. Actually, this is what future customers want,” said Ledeger CEO Pascal Gauthier.
The firm has been facing operational issues as it tries to complete a merger with U.S. Bitcoin Corp.
The brand new Bitmain Antminer S19 XPs miners will be delivered by September.
This is the second deal the company announced this week citing "substantially discounted price."
Investors are said to be flocking to cold storage for their cryptocurrency as liquidity concerns plague the industry recently.