SAIHEAT Announces Bitcoin (BTC) Operations and Holding Updates
SAIHEAT (NASDAQ: SAIH) has released its unaudited Bitcoin operations update for October 2024. The company earned 3.02 BTC through self-mining operations, averaging 0.097 BTC per day. Operating approximately 1,132 bitcoin miners across data centers in the U.S. and Mexico, SAIHEAT maintained a total energized hash rate of 137 PH/s with an average fleet efficiency of 27.3 J/TH. The company's Bitcoin holdings stood at 86.66 BTC, including staked and restricted bitcoins, with no Bitcoin sold during October.
SAIHEAT (NASDAQ: SAIH) ha pubblicato il suo aggiornamento non auditato sulle operazioni di Bitcoin per ottobre 2024. L'azienda ha guadagnato 3.02 BTC attraverso operazioni di auto-mining, con una media di 0.097 BTC al giorno. Operando circa 1.132 miner di bitcoin nei data center negli Stati Uniti e in Messico, SAIHEAT ha mantenuto un tasso di hash totale energizzato di 137 PH/s con un'efficienza media della flotta di 27.3 J/TH. Le riserve di Bitcoin dell'azienda ammontavano a 86.66 BTC, inclusi bitcoin in staked e limitati, senza vendite di Bitcoin avvenute durante ottobre.
SAIHEAT (NASDAQ: SAIH) ha publicado su actualización no auditada de operaciones de Bitcoin para octubre de 2024. La compañía ganó 3.02 BTC a través de operaciones de auto-minado, promediando 0.097 BTC por día. Operando aproximadamente 1,132 mineros de bitcoin en centros de datos en EE. UU. y México, SAIHEAT mantuvo una tasa de hash total energizada de 137 PH/s con una eficiencia promedio de flota de 27.3 J/TH. Las reservas de Bitcoin de la compañía se situaron en 86.66 BTC, incluidos bitcoins en staked y restringidos, sin ventas de Bitcoin durante octubre.
SAIHEAT (NASDAQ: SAIH)는 2024년 10월에 대한 비감사 비트코인 운영 업데이트를 발표했습니다. 이 회사는 자가 채굴 작업을 통해 3.02 BTC를 벌었으며, 하루 평균 0.097 BTC를 기록했습니다. 미국과 멕시코의 데이터 센터에서 약 1,132 개의 비트코인 채굴기를 운영하는 SAIHEAT는 총 137 PH/s의 해시율을 유지하고 평균 함대 효율성은 27.3 J/TH였습니다. 회사의 비트코인 보유량은 86.66 BTC로, 스테이킹된 및 제한된 비트코인을 포함하며 10월 동안 비트코인은 판매되지 않았습니다.
SAIHEAT (NASDAQ: SAIH) a publié sa mise à jour non auditée des opérations Bitcoin pour octobre 2024. L'entreprise a gagné 3,02 BTC grâce à des opérations de minage autonome, avec une moyenne de 0,097 BTC par jour. Opérant environ 1 132 mineurs de bitcoin dans des centres de données aux États-Unis et au Mexique, SAIHEAT a maintenu un taux de hachage total de 137 PH/s avec une efficacité moyenne de flotte de 27,3 J/TH. Les avoirs en Bitcoin de l'entreprise se sont élevés à 86,66 BTC, y compris les bitcoins stakés et restreints, sans ventes de Bitcoin effectuées en octobre.
SAIHEAT (NASDAQ: SAIH) hat sein ungeprüftes Bitcoin-Betriebsupdate für Oktober 2024 veröffentlicht. Das Unternehmen erzielte 3,02 BTC durch Selbst-Mining-Betriebe, was einem Durchschnitt von 0,097 BTC pro Tag entspricht. Mit etwa 1.132 Bitcoin-Minern, die in Rechenzentren in den USA und Mexiko tätig sind, hielt SAIHEAT eine gesamte aktive Hash-Rate von 137 PH/s mit einer durchschnittlichen Flotteneffizienz von 27,3 J/TH aufrecht. Der Bitcoin-Bestand des Unternehmens belief sich auf 86,66 BTC, einschließlich gestaketen und eingeschränkten Bitcoins, ohne dass im Oktober Bitcoins verkauft wurden.
- Maintained Bitcoin holdings with no sales in October
- Operational hash rate of 137 PH/s across U.S. and Mexico facilities
- Generated 3.02 BTC through self-mining operations
- Relatively low daily Bitcoin production rate of 0.097 BTC
Insights
The mining results show modest production with 3.02 BTC mined in October, generating approximately
The fleet efficiency of 27.3 J/TH indicates mid-tier operational efficiency compared to industry standards. The decision to retain all mined Bitcoin this month suggests a "HODL" strategy, betting on potential BTC price appreciation rather than immediate liquidity needs.
SINGAPORE, Nov. 12, 2024 (GLOBE NEWSWIRE) -- SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) (“SAIHEAT” or the “Company”) (NASDAQ: SAIH, SAITW), is pleased to release its recent unaudited Bitcoin operations and holding updates for October 2024.
Key Metrics Summary (unaudited)
| Metric | For October 2024 | |
| Self-Mining Bitcoin Earned (#BTC) | 3.02 | |
| Average Self-Mined Bitcoin Earned/Day (#BTC) | 0.097 | |
| Self-Mining Energized Hash rate (PH/s) | 137 | |
| Total Energized Hash rate (PH/s) | 137 | |
| Bitcoin Sold (#BTC) | 0 | |
| Average Self-Mining Fleet Efficiency (J/TH) | 27.3 | |
| Bitcoin Holding (#BTC)* | 86.66 |
*Bitcoin Holding: Including staked and restricted bitcoins.
Data Centers
As of month-end, the Company operated approximately 1,132 bitcoin miners for self-mining, representing a total energized hash rate of 137 PH/s at its data centers in the U.S. and Mexico. SAIHEAT holds 86.66 bitcoins as of October, including staked and restricted bitcoins.
Upcoming Events and Conferences
2024 SAIHEAT BIT HEAT DAY, Nov 14, 2024
SuperComputing 2024, Nov 18 - 21, 2024
About SAIHEAT
SAIHEAT Limited (Nasdaq:SAIH) delivers integrated energy services for next-generation data centers. Its thermal module, HEATWIT, offers data center liquid cooling system and solutions for computing heat recycling. The power module, HEATNUC, focuses on global power resource development and modular nuclear power joint development.
Formerly known as SAI.TECH Global Corporation, SAIHEAT became a publicly traded company on the Nasdaq Stock Market (NASDAQ) through a merger with TradeUP Global Corporation in May 2022. For more information on SAIHEAT, please visit https://www.saiheat.com
Safe Harbor Statement
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe”, “expect”, “anticipate”, “project”, “targets”, “optimistic”, “confident that”, “continue to”, “predict”, “intend”, “aim”, “will” or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements include, but not limited to, statements concerning SAI.TECH and the Company’s operations, financial performance, and condition are based on current expectations, beliefs and assumptions which are subject to change at any time. SAI.TECH cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors such as government and stock exchange regulations, competition, political, economic, and social conditions around the world including those discussed in SAI.TECH’s Form 20-F under the headings “Risk Factors”, “Results of Operations” and “Business Overview” and other reports filed with the Securities and Exchange Commission from time to time. All forward-looking statements are applicable only as of the date it is made and SAI.TECH specifically disclaims any obligation to maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future.
Media Contact
pr@saiheat.com
Investor Relations Contact
ir@saiheat.com
FAQ
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