Bitplanet partners with Antalpha to advance Bitcoin mining, testing the feasibility of the "mining-based reserves" model.

Shenchao TechFlow news, July 6, according to CryptoSlate, Korean Bitcoin treasury company Bitplanet signed a strategic memorandum of understanding with Nasdaq-listed company Antalpha and related partners, planning to introduce 15 billion Korean Won worth of Bitcoin mining equipment and start full operations in the same month. This move means that Bitplanet is shifting from a reserve model of simply purchasing Bitcoin through financing to continuously generating Bitcoin income through mining.

According to the disclosure, the first phase of equipment aims for an output of more than 7 Bitcoins per month and over 80 Bitcoins per year. But the article points out that the core test of this model is not the nominal output, but the electricity cost, hosting conditions, equipment operation efficiency, and the final amount of Bitcoin retained. If hashrate prices weaken, energy costs rise, or hosting fees erode output, the mining business may find it difficult to effectively support its Bitcoin reserve strategy.