Leading provider of crypto mining hardware and hosting centers, BitFrontier Capital Holdings Inc (OTC:BFCH), announced acquiring hosting membership assets as well as liquid cooling container, which can host 360 new revenue customers.
Earlier in June 2023, ASIC Miners US (a division of BFCH) had closed a purchasing agreement with Hypernova Digital Asset Creations, LLC for buying membership interests of ninety-three S19 Pro Miners. The agreement also involved a fully furnished liquid immersion container as well as associated pump equipment, which has been moved to a location in West Texas.
Andrew Gilton, CEO of BFCH said that Miner sales have risen year over year, accounting for part of the reported revenue. The CEO said that selling miners is just a part of the vision to provide holistic solutions but will give the space to fulfill that vision. Gilton added that the company has the capability to get the latest miners as well as provide hosting solutions with overclocking ability of 25%.
This new container is already in place, and we will start accepting reservations on July 15th, 2023, with a planned start date of August 15th, 2023.
The ASIC miner community has been having issues due to con artists and scammers. One had to trust an entity to sell a working miner and then do shipping. BFCH is looking at this as an opportunity to be a hoster and trusted seller. The company aims to get a miner, configure it professionally,and also host it for a year-long period.
The company has purchasing agents in Asia with relationships across ASIC providers assuring latest units and best pricing. This also ensures complete visibility of the order as the firm will also deliver transparently.
BitFrontier Capital HoldingsInc also announced the first large ASIC miner customer taking a dive and overclocking in the Liquid Immersion hosting facility.
Code Green just bought 412 Antminer S19 Pro+ from the AsicMinersUS.com division. It also agreed on hosting them at the Liquid Immersion Hosting site, which opened in Louisiana. The firm also expressed the intention of rolling out 1088 more units in the next few units, which will take the total units to 1500.
This will be a significant part of the revenue for BFCH’s ASIC Miners US division, which would be reported in the second quarter but also be a substantial recurring revenue stream.
The firm is also working with Bitmain as well as a 3rd party for overclocking the units to achieve a 150% larger hashing rate. This will enable Code Green to maximize the potential of investments and also take the benefit of liquid immersion.
Logan Rice, CEO of CGAC said that the company has chosen to go with BFCH due to their one-stop-shop approach. Rice added that the firm has a single relation and BFCH understands the goals, needs as well as desires for overclocking units reliably and safely.
Andrew Gilton, CEO of BFCH said that the team is monitoring installation even as they accelerate to 150%. Gilton added that though the manufacturer confirms that it can go higher, the company agrees with CGAC on 150% being a robust and sustainable target.
 Acquires Liquid Immersion Hosting Container and Expands Membership Interests){kind=link}