NIP Group signed an agreement to buy Bitcoin mining machines with about 4.47 exahashes per second (EH/s) of computing power, with payment planned in shares. The company says the machines are already installed and operating at hosting sites, but the deal has not closed and the equipment has not been confirmed as transferred to NIP Group.
If this third tranche closes as planned, NIP Group projects combined mining capacity of about 13.85 EH/s across its acquisitions. Management estimates that capacity could produce around 195 Bitcoin a month at full deployment, but that is not a guaranteed yield. Actual production depends on network hash rate, mining difficulty, uptime, power prices and the company’s share of block rewards.
