LM Funding's Oklahoma expansion reaches 35 PH/s with BC40 Elite Foghashing unit.

LM Funding, a Bitcoin treasury and mining company, has successfully energized its first BC40 Elite immersion cooled Foghashing unit at its Oklahoma site. The unit powers 160 next-generation Bitmain S21 immersion miners, adding 35 Petahash to the company's total energized hashrate. A second unit is expected to be installed later this month, increasing LM Funding's energized hashrate by 75% by year-end.