In the second quarter of 2023, BTC Digital has deployed and operated a total of 1754 BTC mining machines, with a combined mining hash rate of 188 PH/s, resulting in a total output of 35.07 BTC.

In early August 2023, the 200 S19J PRO mining machines acquired through stock issuance and acquisition have already been deployed, contributing an additional mining hash rate of 22 PH/s.

The company plans to deploy and operate a total of 4000 BTC mining machines by the end of 2023 through methods such as stock issuance and financing, aiming to achieve a mining hash rate of 450 PH/s. Currently, negotiations are underway with potential counterparties regarding the phased purchase of 400-500 mining machines.

The company will continue to actively advance its business in building or acquiring BTC mining farms in North America, striving to reduce energy costs and develop hosting services while meeting the demand for deploying self-owned mining machines.

The company stated, "As an emerging and growing company engaged in cryptocurrency mining with a diversified expansion strategy, we are pleased to see the positive progress in BTC mining operations. The company will take various necessary measures, mobilize resources, and aim to continuously increase the scale of computing power. Our long-term goal is to deploy and operate a total of 15,000 self-owned mining machines by the end of 2024. To achieve this, the company will actively engage in strategic partnerships with numerous collaborators to fully ensure the realization of our plans."