Cormint is a West Texas based Bitcoin miner that is focused on Mining Bitcoin at the lowest possible cost. With 2 EH/s of self-mining already energized, we leverage our competencies in Power, Engineering and Capital Markets to mine Bitcoin at a substantial discount to its market value. We aspire to deliver returns to our shareholders that materially exceed what they could otherwise achieve from a passive investment in Bitcoin.
We are scaling rapidly at our flagship site in Fort Stockton, Texas where we expect to be operating at least 3.5 EH/s of self-mining by the end of 2024. At each phase of our expansion, our engineering teams are optimizing their supply chain and designs to deliver further improvements in cost per MW to deploy new mining infrastructure. Looking towards 2025, Cormint expects to expand into additional sites in Texas.
