Benzinga | Dec 1, 2021 06:32AM EST

Ault Global Holdings' Subsidiary BitNile Announces Is Currently Operating Ad Est. Annualized Run Rate Of 287.6 Bitcoin

Ault Global Holdings, Inc. (NYSE:DPW), a diversified holding company (the "Company"), today published an unaudited update on Bitcoin production and miner installation by its subsidiary, BitNile, Inc. ("BitNile"). BitNile's Bitcoin mining production is currently operating at an estimated annualized run rate of 287.6 Bitcoin or approximately $16.6 million based on a market value of Bitcoin of $57,800, and current market conditions, including a mining difficulty level of 22.3 trillion.