U.S. Bitcoin Corp. (USBTC) is looking to be one of the largest miners in the U.S. by increasing its computing power by 12.2 exahash/second (EH/s), following a deal to buy mining assets from bankrupt lender Celsius, according to a press release.
The miner is part of a consortium, named Fahrenheit, that won a bankruptcy auction for the Celsius assets, which include a lending portfolio, crypto assets and 121,800 mining machines. Once it brings all the mining rigs online, its fleet will total at least 270,000 mining rigs, the miner told CoinDesk. This will raise its computing power to the ranks of mining giants such as Riot Platforms (RIOT), Core Scientific (CORZ) and Marathon Digital Holdings (MARA).
Read more: Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius
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