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NuMiner Announces Next-Generation NM440 Bitcoin Miners And NuMiner Global Launch

Benzinga Real-time News ·  Feb 3, 2022 16:26
  • NuMiner introduces new NM440 bitcoin miner that uses proprietary and groundbreaking technology
  • The NM440 establishes a new industry standard as fastest, most energy efficient bitcoin miner
    • Hash rate of 440 terahash per second ("TH/s")
    • Power efficiency ratio of 20.2 joules per terahash represents ~75% reduction in energy consumption compared to the average bitcoin miner
  • NuMiner enters ~$1.7 billion sale agreement with Sphere 3D for 60,000 NM440 miners that are expected to represent ~15% of global network hash rate
    • Option for Sphere 3D to acquire an additional 60,000 NM440 miners
    • Sphere 3D to power NM440 mining using only renewable energy
  • Deliveries of the NM440 expected to commence in the second quarter of 2022
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