For an unknown sum, Powerbridge Technologies has acquired 5,600 bitcoin and ether mining equipment.
- Powerbridge, located in Zhuhai, China, has agreed to buy the Antminer S19 Pro and Antminer S19 models from Cryptodigital Holdings.
- The 2,000 BTC mining equipment and 3,600 ETH mining machines, with anticipated hash rates of 200 PH/s and 1,700 GH/s, will be delivered starting in October.
- The deal comes after Powerbridge said earlier this month that it was diversifying its business beyond software-as-a-service and blockchain applications to include crypto mining.
- Powerbridge intends to create a worldwide network for bitcoin and ether mining that is powered entirely by renewable energy.
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