TLDR
- GPUS upgraded to Bitmain Antminer S21+ miners with 235 terahashes per second processing power
- New equipment produces 2.35 times more Bitcoin than previous S19J Pro miners
- Michigan facility combines Bitcoin mining operations with NVIDIA AI infrastructure development
- All mined Bitcoin retained in corporate treasury under Digital Asset Treasury Strategy
- 617,000 square foot campus spans 34.5 acres with expansion capacity
Hyperscale Data has completed a major Bitcoin mining equipment upgrade at its Michigan data center facility. The company replaced older mining hardware with new Bitmain Antminer S21+ units to increase production efficiency.
The S21+ miners deliver 235 terahashes per second processing power. This represents a 135% improvement over the company’s previous S19J Pro mining equipment.
Each new S21+ unit generates approximately 2.35 Bitcoin for every Bitcoin produced by older models. The upgrade should boost overall mining output throughout the coming year.
Dual-Purpose Michigan Facility Strategy
The Michigan data center spans 617,000 square feet across 34.5 acres of property. GPUS plans to operate both Bitcoin mining and AI infrastructure from this single location.
CEO William B. Horne explained the dual approach provides immediate revenue while building long-term AI capabilities. Bitcoin mining operations generate cash flow during the AI infrastructure development phase.
The facility will house AI compute clusters alongside Bitcoin mining equipment. NVIDIA servers will power the AI operations using next-generation Blackwell architecture technology.
Executive Chairman Milton “Todd” Ault III described the strategy as years of planning coming together. The approach combines two major computing trends under one operational roof.
Bitcoin Treasury Accumulation Strategy
GPUS will retain all newly mined Bitcoin rather than selling for cash. The Digital Asset Treasury Strategy treats Bitcoin as a corporate balance sheet asset.
The company publishes weekly updates every Tuesday detailing Bitcoin holdings and cash reserves. These reports track the dollar-cost averaging program used to purchase additional Bitcoin.
Management believes pairing Bitcoin accumulation with market capitalization benefits shareholders. The strategy creates exposure to both AI growth trends and digital asset appreciation.
GPUS continues its systematic Bitcoin acquisition program using dedicated cash reserves. This purchasing strategy operates independently from mining revenue.
The mining upgrade comes after Bitcoin’s halving event reduced mining rewards industry-wide. Higher efficiency equipment helps offset the impact of lower block rewards.
The large Michigan facility provides room for future expansion of both operations. As power capacity increases over time, both mining and AI infrastructure can scale proportionally.
The S21+ miners represent current-generation Bitcoin mining technology. Their improved efficiency should enhance mining economics despite recent industry challenges.
GPUS positions itself among US data center operators with dual exposure to cryptocurrency mining and artificial intelligence infrastructure development.
