DGAP-News: Northern Data AG / Key word(s): Monthly Figures/Cryptocurrency / Blockchain PRESS RELEASE / IR RELEASE Northern Data reports on operations for April 2022
Frankfurt/Main – 04 May 2022 – Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87) today issued an update on business activities for April 2022. As of April 2022, the Bitcoin mining fleet operated by Northern Data has grown by approximately 1,400 machines of the latest generation ASIC systems, to reach a total of 44,900. This resulted in an increase in the Bitcoin hash rate (inclusive of hosting) of around 3% to approximately 4.07 EH/s as of the end of April compared to the previous month (approx. 3.95 EH/s). Of the 44,900 systems, 22,800 are hosted on behalf of customers, with the remainder assigned to mining for own account. By the end of the year, as planned, a total of more than 100,000 ASIC systems are expected to be in operation, representing approximately 9.3 EH/s. The bulk of these ASIC systems are already paid for. GPU server systems, with more than 223,000 GPUs, have been fully operational since the end of last year. A total of 4,583 ETH were generated in April 2022. Due to planned maintenance for inventory in one data center, the uptime of GPU server systems was 9% lower compared to the previous month. A total of 324 Bitcoin and 4,583 Ethereum were generated in April 2022. As of end of April 2022, Northern Data held cryptocurrencies, including the receivables to which the company is contractually entitled to, of a total of approx. 1,390 BTC and approx. 39,800 ETH, which at current exchange rates (BTC/EUR 35,770; ETH/EUR 2,589) equates to a value of all cryptocurrencies held of approx. EUR 153 million. About Northern Data: Investor Relations: 04.05.2022 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Northern Data AG |
An der Welle 3 | |
60322 Frankfurt/Main | |
Germany | |
Phone: | +49 69 34 87 52 25 |
E-mail: | info@northerndata.de |
Internet: | www.northerndata.de |
ISIN: | DE000A0SMU87 |
WKN: | A0SMU8 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich (m:access), Stuttgart, Tradegate Exchange |
EQS News ID: | 1343467 |
End of News | DGAP News Service |
Disclaimer
This press release does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities of Northern Data AG and does not constitute a prospectus of Northern Data AG. The information contained in this press release is not intended to form the basis of any financial, legal, tax or other business decision. Investment or other decisions should not be made solely on the basis of this press release. As with all business and investment matters, please consult qualified professional advice. This release and the information contained herein are not for distribution, directly or indirectly, in or into the United States of America, Canada, Australia or Japan.