Hyperscale Data, Inc. has announced that it has mined a total of 640 Bitcoin in 2024, with around 380 of those mined at its Michigan facility. The remaining 260 Bitcoin came from previously hosted machines at Core Scientific, Inc. CEO William B. Horne expressed satisfaction with their Bitcoin mining operations as the company transitions toward becoming a dedicated artificial intelligence data center business. Hyperscale Data focuses on acquiring undervalued companies and technologies, operating a data center for Bitcoin mining while providing colocation and hosting services. For more information on their activities and future plans, stakeholders can visit their website or review their public filings.
Hyperscale Data, Inc. Achieves Significant Bitcoin Mining Milestone
LAS VEGAS, Nov. 29, 2024 – Hyperscale Data, Inc. (NYSE American: GPUS) has announced that it has successfully mined a total of 640 Bitcoins as of November 26, 2024. Out of this impressive total, around 380 Bitcoins were mined at their facility located in Michigan, while the remaining 260 Bitcoins were generated from machines previously hosted by Core Scientific, Inc.
William B. Horne, the CEO of Hyperscale Data, expressed satisfaction with the company’s Bitcoin mining operations even as they transition towards a focus on artificial intelligence data centers. He underscored the importance of keeping stakeholders informed during this change.
Hyperscale Data is actively involved in various sectors, including Bitcoin mining, artificial intelligence, and mission-critical products across multiple industries, such as gaming, healthcare, and defense. The company aims to grow by acquiring undervalued businesses and innovative technologies.
For further details on Hyperscale Data’s operations and updates, shareholders and interested individuals are encouraged to explore their public filings and press releases available on their website and through the U.S. Securities and Exchange Commission.
As Hyperscale Data continues its shift towards an AI-focused future, the successful mining of 640 Bitcoins marks a significant achievement in their ongoing endeavors in the cryptocurrency space.
Tags: Hyperscale Data, Bitcoin mining, AI data centers, cryptocurrency news, Las Vegas, William B. Horne, Core Scientific
What is the news about Hyperscale Data?
Hyperscale Data announced that it has mined 640 bitcoins so far this year.
How does Hyperscale Data mine Bitcoin?
They use powerful computers to solve complex problems that help add new blocks to the Bitcoin blockchain.
Why is mining Bitcoin important?
Mining is important because it helps verify transactions and adds new bitcoins to the supply.
What does “year to date” mean?
“Year to date” means from the beginning of the year until now.
How might this impact the Bitcoin Market?
More mined bitcoins can influence supply, which may affect prices and Market dynamics.
