HyperBlock Inc. announced that it has fully deployed its first USD 1.1 million shipment of Bitmain T17 Bitcoin mining servers at its 20 MW US datacenter. The company reports the new servers are delivering significantly more efficient energy consumption, which has increased HyperBlock's potential datacenter hashrate to over 165 PH/s. The company expects to receive its next Bitmain 7nm server order, of USD 2.7 million, prior to calendar year-end, further boosting its Bitcoin mining power and better positioning the company for future growth, strategic opportunities and improved profitability. In the meantime, normal operations continue at the company's US datacenter, where it enjoys an electricity price of approximately USD 0.04 per kWh. Current power contracts are expected to be active into 2022 and HyperBlock expects to continue to grow profitability as it focuses on upgrading older servers with new, more efficient technology.