Fortress Purchases 4,500 Bitcoin Mining Machines From Bitmain

Bitcoin mining firm Fortress Technologies has ordered 4,500 Bitmain Antminer S19j Pro machines as it seeks capture a greater share of mining revenue.

The purchase will more than triple Fortress’ hash rate from 195 petahash per second to 645 PH/s, the firm announced Monday.The machines are scheduled for delivery in monthly instalments from April to September 2022.Financial terms were not disclosed. Fortress did not immediately respond to CoinDesk’s request for details.The purchase follows two weeks after that of 180 Whatsminers M30S machines, which are expected to be installed by the middle of this month.The Toronto Venture Exchange-listed Fortress (TSX-V: FORT) underwent a shake-up of its leadership team in September following the departure of CEO Aydin Kilic, who joined publicly traded crypto mining firm Hive Blockchain as president and COO.Antonin Scalia and Drew Armstrong joined Fortress from Galaxy Digital as CEO and COO respectively.

Read more: Hive Blockchain Orders Another 6,500 Bitcoin Mining Machines From Canaan

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