X3 Holdings Boots Bitcoin Mining Fleet In Central Asia, Eying Sustainable Growth; Successfully Deployed 2,000 Bitcoin Mining Machines
Portfolio Pulse from Benzinga Newsdesk
X3 Holdings Co., Ltd. (NASDAQ:XTKG) has expanded its bitcoin mining operations by deploying 2,000 machines in Central Asia, leveraging hydro-powered and renewable energy sources for sustainability. This move is expected to significantly increase the company's mining capabilities with a hash rate of 0.28EH/s and marks a strategic step towards using eco-friendly energy solutions in its operations.
February 07, 2024 | 1:15 pm
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X3 Holdings' deployment of 2,000 bitcoin mining machines in Central Asia, powered by renewable energy, significantly enhances its mining capabilities and sustainability efforts.
The deployment of 2,000 bitcoin mining machines by X3 Holdings is a significant expansion of its operations, likely to improve its mining efficiency and sustainability. This move aligns with the growing trend of sustainable mining practices and could attract positive attention from investors interested in green technologies. The use of renewable energy sources not only reduces operational costs but also positions X3 Holdings as a forward-thinking player in the digital asset space, potentially leading to a positive short-term impact on its stock price.
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