RE: JP Morgan adding8 Jul 2025 18:24
Confused . RNS 9th May
The Group signed hosting agreements with Merkle Standard LLC to host 9,315 miners at Merkle's Memphis, Tennessee location and up to 4,000 machines at its Washington State location. Approximately 1,232 units were sent to the Group's Baie Comeau facility. A further approximately 8,000 units (6,000 were sold after 31 March 2025) were sold for cash proceeds of approximately $2.0 million. Our go forward hashrate, reflective of the machine sales, is expected to be 1.7 exahash.
During the month of April we continued the deployment of our Helios miners to our hosting sites and mined 13 Bitcoin. The deployment of these units will be completed by the end of May 2025.
So they are still mining Bitcoin ???