Abits Group Inc. Announces Operational Updates for The Third Quarter Ended September 30, 2024
Abits Group Inc - Ordinary Shares (ABTS)
Company Research
Source: GlobeNewswire
Hong Kong, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Abits Group Inc. (NASDAQ: ABTS), a leading data center operator specializing in Bitcoin mining operations in the United States, today announced its operational updates for the third quarter of 2024. Operational Highlights The Company's mining fleet comprises: 1,370 units of S19 Hydro XP (featuring hydro-cooling technology)305 units of S19J Pro300 units of T21500 units of S19 XP (scheduled for deployment by end of October) Key performance metrics for Q3 2024: Weighted average fleet efficiency: 21.19 J/THMaximum hash rate achieved: approximately 430 PHMining output: 19.54 bitcoins (compared to 24.1 bitcoins in Q2, reflecting the impact of April's halving event) Financial Performance Revenue from operations : $1.26 million for Q3Year-to-date revenue from operations: $ 4.93 millionTotal electricity expenditure for Q3: $0.58 million (at $0.0351/kWh) Strategic Developments The Company has implemented several strategic initiatives durin
Show less
Read more
Impact Snapshot
Event Time:
ABTS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ABTS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ABTS alerts
High impacting Abits Group Inc - Ordinary Shares news events
Weekly update
A roundup of the hottest topics