Abits Group Inc Announces Operational Updates For The Quarter Ended December 31, 2023

Core Insights - Abits Group Inc has released its operations update for Q4 2023, reporting a maximum mining hash rate of 298 PH/s and production of 43.94 bitcoins [1] - The company has completed the construction of its mining center in Tennessee, which is equipped with 1180 units of S19XP Hydro miners and 400 units of S19J Pro miners [1] - A new generation of dry-cooler-type hydro containers is under construction, expected to increase the hash rate to 340 PH/s upon completion in Q1 2024 [2] Company Overview - Abits Group Inc is a U.S.-based Digital Data Center operator focused on bitcoin self-mining operations [3]