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Alps Blockchain Expands Partnership with Bitmain, Purchases $16 Million Worth of Antminer S19 XP Units to Quadruple Computing Power Capacity

Alps Blockchain has expanded its partnership with Bitmain to increase its Bitcoin mining operations and expand its international presence. The Italian company has purchased additional Antminer S19 XP units worth $16 million, in addition to previous orders.

The new order is expected to quadruple its current hashrate and help the company reach a total computing power of more than 1.5 exahash per second (EH/s) by the end of the year. Since 2018, Alps Blockchain has focused on establishing mining farms that use renewable energy sources and has completed the construction of over 20 data centers.

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