Bitfarms Enters Miner Hosting Agreement With Stronghold Digital Mining To Accelerate Deployment Of 10,000 Bitmain T21 Miners At Panther Creek Site, Bringing 2.2 EH/s Online By October 2024; Reaffirms 2024 And 2025 Guidance Of 21 EH/s And 35+ EH/s
Portfolio Pulse from Benzinga Newsdesk
Bitfarms has entered a hosting agreement with Stronghold Digital Mining to deploy 10,000 Bitmain T21 miners at the Panther Creek site, aiming to bring 2.2 EH/s online by October 2024. The company reaffirms its 2024 and 2025 guidance of 21 EH/s and 35+ EH/s.
September 13, 2024 | 2:25 pm
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Bitfarms' new hosting agreement with Stronghold Digital Mining will accelerate the deployment of 10,000 miners, enhancing their mining capacity significantly by October 2024. This move supports their ambitious 2024 and 2025 growth targets.
The partnership with Stronghold Digital Mining is a strategic move to enhance Bitfarms' mining capacity, aligning with their growth targets. This is likely to positively impact BITF's stock as it demonstrates proactive steps towards achieving their future goals.
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