{"id":88765,"date":"2023-12-27T15:06:03","date_gmt":"2023-12-27T13:06:03","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=88765"},"modified":"2025-09-13T20:04:25","modified_gmt":"2025-09-13T17:04:25","slug":"bit-digital-plans-to-double-its-bitcoin-hash-rate","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bit-digital-plans-to-double-its-bitcoin-hash-rate\/","title":{"rendered":"Bit Digital plans to double its Bitcoin hash rate"},"content":{"rendered":"<p>Nasdaq-listed mining company Bit Digital said it intends to raise the Bitcoin network\u2019s hash rate to around 6 EH\/s during 2024.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">We&#8217;ve got exciting news to share! ? <a href=\\\"https:\/\/twitter.com\/search?q=%24BTBT&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$BTBT<\/a>&#8216;s <a href=\\\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Bitcoin<\/a> mining operating fleet will double in 2024 ? <\/p>\n<p>? <a href=\\\"https:\/\/t.co\/JQ7W8rTT6a\\\">https:\/\/t.co\/JQ7W8rTT6a<\/a> <a href=\\\"https:\/\/t.co\/hchbiUtVcY\\\">pic.twitter.com\/hchbiUtVcY<\/a><\/p>\n<p>\u2014 Bit Digital, Inc. NASDAQ:BTBT (@BitDigital_BTBT) <a href=\\\"https:\/\/twitter.com\/BitDigital_BTBT\/status\/1739780140056404119?ref_src=twsrc%5Etfw\\\">December 26, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The New York\u2013headquartered firm operates six mining data centres located in the United States, Canada and Iceland.<\/p>\n<p>As of writing, the global Bitcoin hash rate stood at about 535.4 EH\/s, after the <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-hash-rate-hits-an-all-time-high-2\">maximum reached on December 25<\/a>.<\/p>\n<p>Bit Digital&#8217;s current share of the network&#8217;s computing power stands at around 0.6%.<\/p>\n<p>The firm operates a fleet of over 44,000 miners with a total capacity of 3.4 EH\/s.<\/p>\n<p>The company has also created Bit Digital AI, a division that provides infrastructure services for projects in the generative AI space.<\/p>\n<p>Earlier, Compass Mining noted that amid the bear market and the approaching <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-bitcoin-halving\">halving<\/a>, Bitcoin miners have been more actively seeking ways to diversify their income streams. One avenue has been <a href=\"https:\/\/forklog.com\/en\/news\/tether-bets-420m-on-nvidia-gpus\">providing<\/a> computing power to AI startups.<\/p>\n<p>In 2023, the average daily revenue that Bitcoin miners earned from fees exceeded $2 million, with the figure up 400% year over year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nasdaq-listed mining company Bit Digital announced its plan to raise the Bitcoin network&#8217;s hash rate to around 6 EH\/s in 2024.<\/p>\n","protected":false},"author":1,"featured_media":88766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1183,1137,1279],"class_list":["post-88765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bit-digital","tag-cryptocurrency-mining","tag-hashrate-2"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/88765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=88765"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/88765\/revisions"}],"predecessor-version":[{"id":88767,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/88765\/revisions\/88767"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/88766"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=88765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=88765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=88765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}