{"id":4140,"date":"2025-07-09T19:16:48","date_gmt":"2025-07-09T19:16:48","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/07\/09\/kulr-expands-bitcoin-mining-operations-to-750-ph-s-targets-1-25-eh-s-by-late-summer\/"},"modified":"2025-07-09T19:16:48","modified_gmt":"2025-07-09T19:16:48","slug":"kulr-expands-bitcoin-mining-operations-to-750-ph-s-targets-1-25-eh-s-by-late-summer","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/07\/09\/kulr-expands-bitcoin-mining-operations-to-750-ph-s-targets-1-25-eh-s-by-late-summer\/","title":{"rendered":"KULR Expands Bitcoin Mining Operations to 750 PH\/s, Targets 1.25 EH\/s by Late Summer"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

KULR Expands Bitcoin Mining Operations to 750 PH\/s, Targets 1.25 EH\/s by Late Summer<\/a><\/p>\n

<\/div>\n

KULR Technology Group, Inc., a Bitcoin-first<\/a> company focused on sustainable energy solutions, announced today<\/a> the successful deployment of 3,570 Bitmain S19 XP 140T mining machines in Asuncion, Paraguay. This new infrastructure brings KULR\u2019s total Bitcoin mining<\/a> capacity to 750 petahash per second (PH\/s), with a goal of reaching 1.25 exahash per second (EH\/s) by late summer.<\/p>\n

The expansion is a continuation of KULR\u2019s dual-pronged \u201cbuy-or-mine\u201d Bitcoin accumulation strategy, which aims to optimize treasury performance through both direct BTC purchases and self-mining.<\/p>\n

\n

$KULR<\/a> Technology recently announced our deployment of 3570 Bitmain Miners, located in Paraguay. <\/p>\n

For more information check out our recent press release.https:\/\/t.co\/nLT41EbHuc<\/a>#KULR<\/a> #bitcoin<\/a> #bitcoinmining<\/a> pic.twitter.com\/CTLTC2HGtD<\/a><\/p>\n

\u2014 KULR Technology (@KULRTech) July 9, 2025<\/a>\n<\/p><\/div>\n

\u201cBitcoin has outpaced every major asset class in 11 of the last 14 years, often by a significant margin,\u201d said Michael Mo, CEO of KULR. \u201cThe price cycles, however, will remain unpredictable, hash rate is volatile, and even energy markets can shift rapidly. Relying on a single approach \u2014 whether solely mining or solely buying \u2014 risks missing value when market dynamics shift. In contrast, a dual-pronged model allows KULR to capture the greater margin, whether from hash price, coin price, or both, all while strengthening our treasury resiliency.\u201d\u00a0<\/p>\n

KULR has also expanded its strategic partnership with a U.S.-listed company to support its mining ambitions. This includes a new ASIC miner leasing agreement and a consulting and services deal that provides operational guidance on hosting providers, repair logistics, and integrating Bitcoin into its corporate treasury strategy.\u00a0<\/p>\n

KULR\u2019s choice of Paraguay for expansion reflects a broader trend of miners moving to regions with abundant, low-cost hydroelectric power. Paraguay\u2019s Itaip\u00fa Dam \u2014 one of the world\u2019s largest hydroelectric plants \u2014 offers a renewable and stable energy source, allowing KULR to reduce operational costs while aligning with its sustainability commitments.<\/p>\n

The news follows a series of moves by KULR to further its Bitcoin-centric financial positioning. On July 8, KULR secured<\/a> a $20 million Bitcoin-backed credit facility from Coinbase Credit, providing non-dilutive capital to grow its BTC holdings. In June, the company entered<\/a> into a $300 million ATM equity offering with Cantor Fitzgerald & Co. and Craig-Hallum Capital to fuel its Bitcoin reserve strategy.\u00a0<\/p>\n

\u201cWe view our Bitcoin holdings as long term holdings and expect to continue to accumulate bitcoin,\u201d KULR stated in its filing. \u201cWe have not set any specific target for the amount of Bitcoin we seek to hold.\u201d\u00a0\u00a0<\/p>\n

With diversified funding access and growing operational scale, KULR continues to grow and integrate Bitcoin into its balance sheet.\u00a0<\/p>\n

This post KULR Expands Bitcoin Mining Operations to 750 PH\/s, Targets 1.25 EH\/s by Late Summer<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Jenna Montgomery<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine KULR Expands Bitcoin Mining Operations to 750 PH\/s, Targets 1.25 EH\/s by Late Summer KULR Technology Group, Inc., a Bitcoin-first company focused on sustainable energy solutions, announced today the successful deployment of 3,570 Bitmain S19 XP 140T mining machines in Asuncion, Paraguay. This new infrastructure brings KULR\u2019s total Bitcoin mining capacity to 750 […]<\/p>\n","protected":false},"author":0,"featured_media":4141,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-4140","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=4140"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4140\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/4141"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=4140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=4140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=4140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}