LM Funding America (LMFA) Orders Bitmain S21+

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LM Funding America, Inc. Orders Bitmain S21+

December 27, 2024 8:30 AM EST

Tampa, FL, Dec. 27, 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 a new order with Bitmain for 270 Bitmain S21+ mining machines.

Bruce M. Rodgers, Chairman and CEO of LM Funding commented, These new miners will be received in March 2025 and will be placed at our new 15MW Oklahoma Mining site. We anticipate that this will increase our total mining capacity by approximately 58 petahash. After we move our existing machines from storage into open slots at the Oklahoma... More