KULR Technology Group Inc. (NYSE American: KULR) has announced an expansion of its bitcoin mining operations, as reported on July 9.
On Wednesday, KULR revealed that it has installed 3,570 Bitmain S19 XP mining machines, each with a capacity of 140 terahashes per second (TH/s), at its facilities located in Asunción, Paraguay. This significant deployment boosts KULR's overall bitcoin mining capacity to 750 petahashes per second (PH/s).