January 11, 2022

Hatten Land Ready To Launch Bitcoin Mining (BTC) In Melaka!

 Remember the efforts of Hatten Land who wanted to make Melaka a crypto mining hub?

In the latest development, the entity confirmed that the first 80 crypto mining devices will be shipped to Melaka.

Once the installation is complete, Bitcoin mining will begin as early as January.

For the record, Hatten Land has entered into a partnership with Frontier Digital Asset Management to install and continue operations of 1,000 crypto mining machines in the Hatten Land area.

It is expected that these crypto mining activities will grow until they manage to load another 2,000 machines in the Hatten Land area, bringing the total number of machines to 3,000.

On Jan 5, a technical team from Singapore was transferred to Melaka to lead the preparation for the installation and operation of the crypto mining machine.

Crypto mining machines will operate around the clock, including public holidays and weekdays. For now, the machine only focuses on bitcoin mining and will be followed by altcoins in the future.

The two companies will share the profits of the crypto mining activity after deducting related operating and management expenses.

Meanwhile, Hatten Land has also partnered with Singapore fintech firm Hydra X to launch a cryptocurrency exchange.