Bit Digital joins Foundry USA Pool adding up to 280 PH/s of compute power

Bit Digital (BTBT) and Foundry Digital announced that the former is now mining bitcoin on Foundry USA Pool with ~5,679 mining machines generating up to 280 PH/s of computing power.Foundry Digital is a wholly-owned subsidiary of Digital Currency Group focused on digital asset mining and staking.As of Mar. 31, 2021, Bit Digital owned a total of 40,965 mining machines with a combined computing power of up to 2,264.5 PH/s.Since commencing its Bitcoin mining business in February 2020, Bit Digital has quickly become one of the largest publicly traded Bitcoin mining companies, producing 1,013.4 bitcoins via mining in Q1.Bit Digital trades 1.3% higher premarket