NIP Group to Expand Bitcoin Mining, Anticipates Monthly Production of 160 BTC

NIP Group, the parent company of the esports organization Ninjas in Pyjamas, has announced an expansion of its Bitcoin (BTC) mining operations. Through new asset purchase agreements, the company's total computational power will reach 11.3 exahashes per second (EH/s). With this expansion, the monthly Bitcoin production is expected to increase by more than 120%, from 60 BTC to 160 BTC. NIP Group will acquire 8.19 EH/s of mining infrastructure from Apex Cyber Capital, Prosperity Oak Holdings, and Novo Jumpstar. The company is currently...