Northern Data Reports on Operations for March 2022 and Announces the Date for Publication of its 2021 Annual Report

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Apr 04, 2022
  • Publication of the 2021 Annual Report is expected by 30 June 2022
  • 43,500 ASIC systems, and thus 3.95 exahash per second (EH/s), in operation by the end of the first quarter of 2022
  • Current managed hash rate and Northern Data's market share would enable the production of an estimated up to 11 bitcoin per day as of April, assuming a constant global hashrate
  • By the end of the year, as planned, a total of more than 100,000 ASIC systems are expected to be in operation, representing approximately 9.3 EH/s
  • Year-to-date 2022, Northern Data has generated:
    • 14,869 Ethereum
    • 738 Bitcoin
  • Northern Data holds cryptocurrencies with a current value of EUR 146 million (an increase of around 33% month-over-month) by the end of the first quarter
  • Bitcoin generation in March 2022: 286 (an increase of around 35% month-over-month)
  • Ethereum generation in March 2022: 5,031 (an increase of around 10% month-over-month)
  • Portfolio expanded to a total of 12 data center locations worldwide
  • All monthly figures unaudited