BTC Digital Ltd. Announces Signing of Litecoin Miner Hosting Agreement
BTC Digital Ltd. Announces Signing of Litecoin Miner Hosting Agreement |
| [01-May-2025] |
SINGAPORE, May 1, 2025 /PRNewswire/ -- Blockchain technology company BTC Digital Ltd. ("BTC Digital" or the "Company") (NASDAQ: BTCT) today announced that it has signed a Litecoin (LTC) miner hosting agreement with a major client. Under the agreement, BTC Digital will provide hosting services for 154 LTC miners with a total computing power of approximately 1,690 GH/s. Leveraging its operational network across America and its professional management system, BTC Digital will deploy the 154 LTC miners for the client and deliver full-service hosting solutions. These services will cover the entire process from miner transportation, power supply, on-site security, to daily operations and maintenance, enabling the client to focus on optimizing asset returns without the burden of operational complexities. Highlights of BTC Digital's Hosting Services Include: Comprehensive Hosting and Operations Management
High Availability and Stability
Real-Time Monitoring and Data Analytics
Energy Efficiency and Cost Reduction
Industry Value and Outlook BTC Digital's LTC miner hosting services draw on its extensive expertise in mining farm management and asset operations, helping clients rapidly scale their computing power while maintaining professionalized management and transparent reporting. Amid the dual challenges of cryptocurrency market volatility and energy cost pressures, BTC Digital continues to optimize its hosting model to deliver stable and sustainable returns for its partners. About BTC Digital Ltd. BTC Digital Ltd. is a blockchain technology company, with a long-term strategy to create value across the metaverse, blockchain and cryptocurrency mining industry. The Company is committed to developing blockchain related businesses in North America, including cryptocurrency mining, mining farm construction, mining pool and data center operation, and miner accessories business. For more information, please visit: https://btct.investorroom.com/ Safe Harbor Statement This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", "target", "going forward", "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
SOURCE BTC Digital Ltd. | ||
Company Codes: NASDAQ-NMS:BTCT |
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