Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company, announced on August 4, 2023, that its wholly-owned subsidiary, Sentinum, Inc., has mined a total of 909 Bitcoins from January 1, 2023, through July 31, 2023. The announcement was made in Las Vegas and includes details of the company’s Bitcoin mining activities.
The 909 Bitcoins were mined in two distinct ways. 668 Bitcoins were mined through Sentinum’s dedicated data center located in Michigan during the same period. An additional 241 Bitcoins were mined in partnership with Core Scientific, a leader in customizable infrastructure and software solutions for Blockchain networks, since the inception of the partnership on April 6, 2023.
For the month of July 2023 alone, Sentinum mined 145 Bitcoins, leading to a total annualized run rate of 1,740 Bitcoin.
Milton “Todd” Ault, III, Executive Chairman of Ault Alliance, stated, “We are excited to share our notable…