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Stronghold Digital Mining will acquire 9,080 Bitcoin miners

Stronghold Digital Mining will acquire 9,080 Bitcoin miners

2021/12/21

Stronghold Digital Mining will acquire 9,0 According to reports; Stronghold Digital Mining said in a document that it is purchasing 9,080 Bitmain and MicroBT miners, increasing its hash rate by approximately 826 petahashes/s (PH/s). The documents show that since the release of its third-quarter results on November 30, the Pennsylvania-based company has signed four separate transactions. It is estimated that 4,800 mining equipment will be delivered by the end of this year or early January, with a total cost of 35.7 million U.S. dollars. In addition, it stated that according to the profit-sharing arrangement with Northern Data, an additional 4280 units were purchased. It will be delivered in the first half of 2022. The Bitcoin miner stated that it also signed an equipment financing agreement with investment company NYDIG on December 15, amounting to $54 million. The transaction is secured by the purchase of 12,000 S19j Pro Antminers from Bitmain, and Stronghold has received an advance payment of US$18.6 million.

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