Bitfarms Signs Deal With Stronghold Digital Mining's Unit to Deploy Bitmain T21 Miners in Pennsylvania

MT Newswires Live
2024-09-13

Bitfarms Signs Deal With Stronghold Digital Mining's Unit to Deploy Bitmain T21 Miners in Pennsylvania

Bitfarms (BITF) said Friday it has signed a miner hosting agreement with Stronghold Digital Mining's (SDIG) Stronghold Digital Mining Hosting unit to deploy 10,000 Bitmain T21 miners at the latter's Panther Creek facility in Pennsylvania.

The company anticipates energization in October and will bring 2.2 EH/s online.

The agreement will start on Oct. 1 and will continue through an initial term until Dec. 31, 2025, after which it will automatically renew for further one-year periods, the company added.

Bitfarms said it will pay the unit a monthly fee equal to 50% of the profit recorded by the Bitfarms miners, subject to specific monthly adjustments between the parties for the upfront monthly payment due from Bitfarms to Stronghold of $210,000.

Additionally, Bitfarms deposited $7.8 million with Stronghold, which will be refundable to Bitfarms at the end of the initial term next year.

Price: 2.07, Change: +0.02, Percent Change: +1.23

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10