South Korean Bitcoin treasury firm Bitplanet has reached a partnership with Antalpha, with plans to introduce mining equipment worth 15 billion South Korean won.
1 hours ago
South Korean bitcoin treasury firm Bitplanet has signed a memorandum of understanding (MOU) with U.S.-listed company Antalpha, planning to introduce 15 billion won worth of bitcoin mining equipment and launch full-scale mining operations this month. Future bitcoin output will be recognized as operating revenue and managed as long-term financial assets. The first-phase equipment is projected to generate over 7 BTC monthly, totaling more than 80 BTC annually. The mining rigs will be deployed in overseas regions with competitive electricity costs, including Oman and Paraguay, adopting an overseas hosting and joint venture operational model.
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