S19j Pro Antminers

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Hyperscale Data Subsidiary Sentinum is Resuming Bitcoin Mining at Montana Facility
Globenewswire· 2025-07-02 10:30
Core Viewpoint - Hyperscale Data, Inc. has resumed Bitcoin mining operations at its Montana facility, aiming to enhance profitability and utilize underutilized power resources [1][2][3] Group 1: Company Operations - Sentinum, a wholly owned subsidiary of Hyperscale Data, has reenergized approximately 10 megawatts of power and is currently operating around 50 S19j Pro Antminers, with plans to increase this number to approximately 2,600 within a week and reach full capacity of about 3,200 Antminers by the end of July 2025 [1][2] - The resumption of operations is part of a strategic plan to improve profitability and capitalize on the recent appreciation in Bitcoin prices [2][3] Group 2: Market Context - The appreciation of Bitcoin has slightly outpaced the increase in mining difficulty, which is expected to benefit Sentinum's operational flexibility and top-line revenues [3] - The company is positioned to leverage the current market conditions to enhance its revenue streams through its Bitcoin mining operations [3] Group 3: Future Plans - Hyperscale Data plans to divest its subsidiary Ault Capital Group, Inc. by December 31, 2025, focusing solely on data center operations and high-performance computing services [5] - The divestiture will allow the company to concentrate on its core business while potentially continuing operations in the digital asset space [5]
Hyperscale Data Reports Approximately $8.7 Million In Bitcoin Mining Revenue Year to Date, Including Approximately $1.9 Million for May 2025
Globenewswire· 2025-06-03 10:30
Core Viewpoint - Hyperscale Data, Inc. reported strong performance from its subsidiary Sentinum, which received approximately 17.4 Bitcoin in May 2025 and about 90 Bitcoin year-to-date, benefiting from the recent increase in Bitcoin prices [1][2]. Group 1: Financial Performance - Sentinum earned approximately 17.4 Bitcoin in May 2025 and approximately 90 Bitcoin year-to-date from its mining operations [1]. - Revenue is calculated daily based on the number of Bitcoin earned at the current market value [1]. Group 2: Operational Updates - Sentinum plans to resume Bitcoin mining operations at its Montana facilities in June 2025, which will enhance its mining capacity with about ten megawatts of power, sufficient for approximately 3,200 S19j Pro Antminers [2]. - Initially, mining operations will commence with around 2,600 Antminers, with plans to scale up to full capacity by July 2025 [2]. Group 3: Strategic Direction - The Company aims to capitalize on the rising Bitcoin prices through selective deployment of its mining fleet rather than selling miners in the secondary market [2]. - Hyperscale Data is preparing for a divestiture of its subsidiary Ault Capital Group, Inc. by December 31, 2025, after which it will focus solely on data center operations and may continue Bitcoin mining [5].
Hyperscale Data to Resume Montana Bitcoin Mining Operations during June 2025
Globenewswire· 2025-05-15 10:30
Core Viewpoint - Hyperscale Data, Inc. is resuming Bitcoin mining operations at its Montana site due to a recent increase in Bitcoin prices, which the company believes is sustainable for generating positive cash flow from operations [3]. Group 1: Company Operations - Sentinum, a wholly owned subsidiary of Hyperscale Data, plans to restart Bitcoin mining operations on or around June 10, 2025, at one of its two Montana sites [1]. - The Montana site has a power capacity of up to 10 megawatts, sufficient to operate approximately 3,200 S19j Pro Antminers, with initial operations set to commence on about 2,600 Antminers [2]. - The company expects to ramp up operations to full capacity of approximately 3,200 Antminers by July 2025 [2]. Group 2: Strategic Direction - Hyperscale Data intends to divest its subsidiary Ault Capital Group, Inc. (ACG) by December 31, 2025, after which it will focus solely on data center operations and may continue Bitcoin mining [5]. - Until the divestiture, the company will provide mission-critical products across various industries, including AI, gaming, and medical sectors, through ACG and its subsidiaries [5]. Group 3: Financial Instruments - On December 23, 2024, the company issued one million shares of Series F Exchangeable Preferred Stock to common stockholders, which will be exchanged for shares of ACG upon the divestiture [6].