SMI Vantage Limited (SG:Y45) has released an update.
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SMI Vantage Limited is set to expand its Bitcoin-mining operations in East Malaysia with a new facility in Sarawak that promises to increase their total mining power by over 50%. Leveraging Sarawak’s cost-effective hydroelectric power, the company aims to boost its digital mining capacity with state-of-the-art containerized mining units. This move, as announced by SMI’s CEO, signifies a strategic growth phase for the company’s digital mining ambitions.
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