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-0.00327868852459024 -0.0131147540983607 0.0131147540983607 -0.00327868852459024 -0.00327868852459024 -0.0262622950819673 -0.0163934426229509 -0.0294754098360656
Stock impact report

LM Funding to Take Early Delivery of 300 S21 Bitmain Mining Machines in Advance of 2024 Bitcoin Halving Event [Yahoo! Finance]

LM Funding America, Inc. (LMFA) 
US:NASDAQ Investor Relations: ir.lmfunding.com/investor-overview
Company Research Source: Yahoo! Finance
TAMPA, FL, March 15, 2024 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the “Company") a cryptocurrency mining and technology-based specialty finance company, today announced that it will take early delivery of the previously announced purchase of 300 Bitmain S21 Antminer machines. The S21 is a high efficiency, high hash rate machine mining SHA-256 algorithm manufactured by Bitmain that generates a hash rate of 200 TH/s with a power consumption of 3,500 W. Bruce M. Rodgers, Chairman and CEO of LM Funding, commented, “We are pleased that we will be able to take delivery of the S21s earlier than originally expected, by the end of March. We plan to locate, energize, and commence mining with these new machines by early April, which will increase the Company's mining capacity to 673 PH. The S21s will be leading producers through this year's halving event and contribute to long-term revenue growth leading up to and beyond the subsequent halving event expecte Show less Read more
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