ABTS

OVERVIEW

2024

Abits Group completed vital infrastructure projects in 2024 Q1, including expanding a 1 MW facility in March and constructing a 100,000-gallon water reservoir to enhance production stability.

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2023

On October 1st, the first fleet of hydro miners was activated, marking the beginning of an exciting new chapter for ABTS. With a power consumption of only 20.8J hydro machine and relatively reasonable electricity costs, the Company anticipates

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2023

Construction was completed in August 2023, and the first new equipment units arrived at the self-mining center.

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2023

The group was constructing a mining center in its acquired land in Duff, near the city of LaFollette in the State of Tennessee in the United States, which was purchased in April 2023 for $1.2 million.

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2022

The group purchased the 1140 units of Hydro S19XP (20.8J/T) super computing server at the end of 2022.The latest Bition fleet presents an estimated Maximum hash rate of 285,000 TH/s.

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HIGHLIGHTS

The next-generation data center

The operating miner in data center

Hydro S19XP (20.8J/T) supercomputing servers

Leadership team

CONGLIN DENG

MR.Deng has served as a director of the Company since August 9, 2021 by resolution of the Board of Directors. He became Chief Executive Officer of the Company by a resolution of the Board of Directors in September 2021. Mr. Deng has served as the General

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TAN WANHONG

Mr. Tan Wanhong, age 59, started his career with KPMG Kuala Lumpur in 1980 and was subsequently promoted to Resident Manager of the Penang Office. In 1983, Mr. Tan joined Island & Peninsular, a property group listed on the Stock Exchange of Kuala L

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PHILIP J.HICKS

Philip J. Hicks with 20+ years of experience in building and managing $100M+. From June 2021 to November 2022 he served as Director of Operations and Director of Projects at Griid Infrastructure, LLC, US. He built several Data Centers in the North Americ