{"id":18560,"date":"2022-02-04T08:56:58","date_gmt":"2022-02-04T16:56:58","guid":{"rendered":"https:\/\/marketdepth.com\/?p=18560"},"modified":"2022-02-04T08:56:59","modified_gmt":"2022-02-04T16:56:59","slug":"sphere-3d-to-purchase-60000-nm440-bitcoin-miners","status":"publish","type":"post","link":"https:\/\/marketdepth.com\/sphere-3d-to-purchase-60000-nm440-bitcoin-miners\/","title":{"rendered":"Sphere 3D to Purchase 60,000 NM440 Bitcoin Miners"},"content":{"rendered":"\n
Sphere 3D Corp. (Nasdaq: ANY) <\/strong>will purchase 60,000 units of new NM440 bitcoin miners from NuMiner Global, Inc., the company announced today.\u00a0<\/p>\n\n\n\n Shares of Sphere 3D Corp. (Nasdaq: ANY) gained 13.4% during the premarket hours.<\/p>\n\n\n\n Sphere 3D will pay up to $1.7 billion for 60,000 units NM440, which was introduced to the market for the first time today. Featuring a hash rate of 440 TH\/s and a power efficiency ratio of 20.2 J\/T, the \u201c NM440 provides us the ability to increase our EH\/s capacity on order by 440% over the next 13 months,\u201d Peter Tassiopoulos, Chief Executive Officer of Sphere 3D said. “The reduction in energy consumption per TH\/s further exemplifies our shared commitment to ESG leadership in the industry.” The purchase puts Sphere 3D on pace to be one of the largest carbon-neutral bitcoin miners, according to its press release<\/a>.<\/p>\n\n\n\n The Company will initially receive 12 pre-production NM440s for final evaluation and testing and is granted the option to acquire an additional 26.4 EH\/s of production at the same commercial terms. Additionally, Sphere 3D retains the exclusive right of first refusal on all future NuMiner products and software enhancements.<\/p>\n\n\n\n \u201cBy significantly reducing the cost and energy consumption of bitcoin mining, we are accelerating an industry shift toward renewable and sustainable energy.\u201d<\/p>Iain Kennedy, Chief Executive Officer of NuMiner Global<\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"Sphere 3D Corp. (Nasdaq: ANY) will purchase 60,000 units of new NM440 bitcoin miners from NuMiner Global, Inc., the company announced today.\u00a0 Stock Up Premarket Shares of Sphere 3D Corp. (Nasdaq: ANY) gained 13.4% during the premarket hours. 60,000 Bitcoin Miners Sphere 3D will pay up to $1.7 billion for 60,000 units NM440, which was… View Article<\/a>","protected":false},"author":3,"featured_media":18561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":0,"footnotes":""},"categories":[31,17,11,7,16],"tags":[],"acf":[],"yoast_head":"\nStock Up Premarket<\/h5>\n\n\n\n
60,000 Bitcoin Miners<\/h5>\n\n\n\n
Pre-Production Units to be Tested<\/h5>\n\n\n\n