Ault Alliance's Subsidiary, Sentinum, Reveals 89 Bitcoin Mined In April 2024; Of This Approximately 46 Bitcoin Were Mined At Michigan Data Center With Remaining 43 Bitcoin Using The Miners Hosted By Core Scientific
Portfolio Pulse from Benzinga Newsdesk
Ault Alliance's subsidiary, Sentinum, mined 89 Bitcoin in April 2024, with 46 Bitcoin mined at their Michigan data center and 43 Bitcoin using miners hosted by Core Scientific. Sentinum has also installed the first miners at one of its two Montana locations. The company is focusing on reducing power costs and profitable mining operations post-Bitcoin halving.
May 17, 2024 | 10:34 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ault Alliance's subsidiary, Sentinum, mined 89 Bitcoin in April 2024 and is expanding its operations in Montana. The company is focusing on reducing power costs and profitable mining operations post-Bitcoin halving.
The news highlights significant progress in Bitcoin mining operations by Ault Alliance's subsidiary, Sentinum. The installation of new miners and focus on reducing power costs and profitability post-Bitcoin halving are positive indicators for the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Core Scientific hosted miners that contributed to Sentinum's 43 Bitcoin mined in April 2024. This partnership indicates Core Scientific's role in supporting significant Bitcoin mining operations.
Core Scientific's involvement in hosting miners for Sentinum's Bitcoin mining operations demonstrates its capability and role in the industry, which could positively impact its reputation and business.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50