StocksMedium24 August 2026
1 min read

Datacentrex to Expand Mining Fleet by 21% with New ElphaPex Miners

Key Facts

1Datacentrex announced securing colocation capacity for the deployment of over 500 additional ElphaPex DG2 miners.
2The deployment is expected to increase the company's aggregate deployed hashrate by approximately 21%.
3The miners were prepaid in full in 2025, meaning no additional capital is required for the acquisition.

Amid improving market conditions for Scrypt-based mining, Datacentrex has announced a strategic move to expand its operational capacity. According to reports, the company secured colocation capacity for the deployment of over 500 additional ElphaPex DG2 miners, a move expected to increase its aggregate deployed hashrate by approximately 21%. This expansion follows a significant 32% appreciation in Dogecoin prices in late August 2026, which has bolstered the economic outlook for the sector.

The expansion is characterized by high capital efficiency, as the miners were prepaid in full during 2025, requiring no additional capital outlay for the acquisition at this stage. This operational growth follows a period where the company generated $1.9 million in revenue and maintained positive gross profit despite elevated power costs and challenging digital asset market conditions, per the company's financial disclosures.

Operationally, Datacentrex currently utilizes 3,085 miners representing 43.2 TH/s of hashrate across four geographically diversified U.S. facilities. While current price data for DTCX was unavailable at the time of this report on August 24, 2026, market participants are focused on the deployment of these units over the next 30 days as a key catalyst for growth in the digital infrastructure space.