NVIDIA sells $30 million of CMP crypto GPUs to Bitcoin mining company

NVIDIA’s new CMP mining playing cards have a brand new buyer with one of the most important and oldest Bitcoin mining corporations securing $30 million price of the brand new CMP mining playing cards from NVIDIA.

Hut 8 Mining Corp. can have the primary batches of NVIDIA’s new CMP mining playing cards arrive in May, with all of the GPUs anticipated to be put in and cranked up into mining Bitcoin by the summer time. Hut 8’s mining capability will likely be expanded by 1600GH/s which is similar as round 13,333 x NVIDIA GeForce RTX 3090 graphics playing cards when it comes to mining hash charge energy (they do round 90-120MH/s every).

CEO Jaime Leverton defined: “The adoption and the event of functions interacting with numerous blockchain networks have by no means been stronger, opening many prospects throughout a range of industries. We are extremely excited to have these excessive efficiency CMPs in our fleet. We imagine mining with CMPs will open up new alternatives for Hut 8 and can enable us to proceed to execute on our long- and short-term plans for elevated and diversified income streams“.

We do not know which of NVIDIA’s new CMP mining GPUs that Hut 8 will likely be receiving, however with 1600GH/s of mining energy on the way in which I’m positive they’ve chosen some super-fast mining GPUs to put into their crypto mining farms.

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