Bitfarms Through One Of Its Subsidiaries, Has Entered Into A Second Miner Hosting Agreement With Stronghold Digital Mining Hosting, A Subsidiary Of Stronghold Digital Mining At Stronghold's Scrubgrass Site In Pennsylvania.
Portfolio Pulse from Benzinga Newsdesk
Bitfarms, through a subsidiary, has entered a second miner hosting agreement with Stronghold Digital Mining at Stronghold's Scrubgrass site in Pennsylvania. This follows an initial agreement for 10,000 miners announced in September, supporting 2.2 EH/s.
October 31, 2024 | 11:25 am
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Bitfarms has expanded its partnership with Stronghold Digital Mining by entering a second miner hosting agreement, enhancing its mining capacity.
The new agreement with Stronghold Digital Mining increases Bitfarms' mining capacity, which is likely to positively impact its operational efficiency and revenue potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Stronghold Digital Mining has secured a second hosting agreement with Bitfarms, which will utilize its Scrubgrass site in Pennsylvania.
The agreement with Bitfarms is likely to enhance Stronghold Digital Mining's utilization of its Scrubgrass site, potentially increasing its revenue and operational efficiency.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70