Northern Data Group: Operations Update
Date
9/18/2023 4:07:37 AM
|
EQS-News: Northern Data AG / Key word(s): Cryptocurrency / Blockchain/Monthly Figures
Northern Data Group: Operations Update
18.09.2023 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
PRESS RELEASE / IR NEWS
Northern Data Group: Operations Update
166 BTC generated in August (-3% month-on-month) More than 40,000 installed ASIC servers
Performance Indicators
| August '23 | July '23 | YTD 2023 | | BTC generated | 166
(YoY: -23% / MoM: -3%)
| 170
(YoY: -17% / MoM: -5%)
| 1,625 | BTC
sold | 166 | 170 | 1,673 | Number of Self-Mining
ASIC servers
installed | 40,082 (3.74 EH/S)
MoM: 0% | 40,092 (3.74 EH/S)
MoM: -1% |
| Utilization Self-Mining
ASIC servers | 60% (2.24 EH/s) | 60% (2.25 EH/s) |
| All monthly figures are unaudited and may include rounding and billing differences for Bitcoin production.
Frankfurt/Main – 18
September 2023 – Northern Data Group (Ticker symbol German stock market: NB2 , ISIN: DE000A0SMU87 ), today provided an update on its mining business activities for the month of August. Peak Mining, part of Northern Data Group, produced a total of 166 Bitcoin in August 2023, generating revenues of EUR 4.2 million, roughly 8% less than the corresponding figure for the previmonth, mainly due to two increases of the Bitcoin mining difficulty in August. Year-to-date BTC revenue ttotals EUR 39.4 million.
In Europe, Northern Data Group participates in a grid demand response program (balancing the demand on power grids), which generated approximately EUR
0.3
million of additional income in August corresponding to a year-to-date income of EUR 1.9 million from the program.
The company had a self-mining hash rate of around 3.74 EH/s and 40,082 ASIC systems installed on the Bitcoin network at the end of August 2023 (about the same level as the previmonth).
About Northern Data Group:
Northern Data Group (ETR: NB2) is a provider of energy efficient High Performance Computing (HPC) infrastructure to businesses and research institutions, utilizing GPU and ASIC-based solutions. Our flexible compute power fuels innovation in our three core business divisions: Taiga Cloud; Ardent Data Centers; and Peak Mining. Through our HPC infrastructure, we pioneer ambiticomputing innovation that drives progress in the AI, ML and Generative AI industries. Our partnerships with industry-leading manufacturers including Gigabyte, AMD, and NVIDIA are fundamental to the acceleration of innovation across sectors including life sciences, financial services and energy.
Investor Relations:
Jens-Philipp Briemle
Head of Investor Relations
An der Welle 3
60322 Frankfurt am Main
E-Mail:
Telefon: +49 171 557 6989
18.09.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at | Language: | English | | Company: | Northern Data AG | | | An der Welle 3 | | | 60322 Frankfurt/Main | | | Germany | | Phone: | +49 69 34 87 52 25 | | E-mail: | | | Internet: | | | ISIN: | DE000A0SMU87 | | WKN: | A0SMU8 | | Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich (m:access), Stuttgart, Tradegate Exchange | | EQS News ID: | 1725651 |
| | End of News | EQS News Service |
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