Gryphon Digital Mining Inc

Gryphon Digital Mining, Inc. is a bitcoin mining company. The Company is engaged in acquiring and developing energy assets for artificial intelligence (AI) and high-performance computing (HPC) data center infrastructure. The Company operates a digital asset (referred to as cryptocurrency) mining operation using specialized computers equipped with application-specific integrated circuit (ASIC) chips (known as miners) to solve complex cryptographic algorithms in support of the Bitcoin blockchain (in a process known as solving a block) in exchange for cryptocurrency rewards (primarily Bitcoin). The Company operates approximately 9,660 bitcoin ASIC mining computers from Bitmain Technologies Limited (Bitmain) that the Company has installed at third-party hosted mining data centers located in New York and Pennsylvania.