Bit Brother Limited (BTB) Announces First Fully Loaded Texas Mining Farm and Development of Second Mining Farm

Bit Brother Limited (the "Company," "we", "BTB" or "Bit Brother") (NASDAQ: BTB) is pleased to announce that the newly purchased 1.5MW mining servers installed in its first Texas mining farm are in full operation and are located at 1968 N Access Rd, Clyde, TX 79510. The total number of installed servers in the first mining farm has reached 1,750 with aggregated computing power of 175,000TH/S, thus reaching its fully loaded capacity of 6MW. We estimate that our servers can generate a total value of 0.5 BTC per day, and 15 BTC per month, assuming that all the machines are functioning as expected.

On March 24, 2023, Bit Brother New York Inc., the subsidiary of BTB, entered into an agreement to purchase land in Texas with an area of 2 acres and a capacity of 5MW located at 5418 Lockheed Way, Abilene, TX 79603. The land purchase closed on April 17, 2023, and BTB marked this land as its second Texas mining farm. An aggregate of 509 newly purchased S19J Pro+ mining servers have been delivered to the second mining farm on April 23, 2023. The 509 servers are expected to be ready for operation by October 2023.

The Company seeks to provide as much transparency about its bitcoin mining operation as possible. The link below reflects Bitcoins we have mined in real-time:

https://www.blockchain.com/explorer/addresses/btc/37frzvqQeAzf6hWj4J9zrEzZf4WJoo3sRR

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