Bitfarms accelerates 2.2 EH/s hosting agreement with Stronghold
According to Bitfarms, the mining hardware was originally scheduled to be deployed in Yguazu, Paraguay sometime in December 2024.
Mining company Bitfarms recently announced it entered into a hosting agreement with Stronghold Digital Mining to bring an additional 2.2 exhashes per second (EH/s) of computing power online during October 2024—two months ahead of schedule.
The agreement will add 10,000 Bitmain T21 miners to Bitfarms’ Panther Creek facility in Pennsylvania and commence on October 1, 2024.
Ben Gagnon, CEO of Bitfarms, touched on the expansive potential of the company’s sites in Pennsylvania and said the sites would be key to diversifying the company’s business operations. Gagnon explained that the sites:
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Author: Vince Quill