Digihost Technology (NASDAQ:DGHI) announced that it has engaged into a profit-sharing agreement with a strategic partner.
According to the agreement, the business will integrate 11,000 S21 miners into its facilities.
The agreement also includes a profit-sharing component, under which the company will get 60% of the daily Bitcoin (BTC-USD) mining incentives earned by the S21 Miners in exchange for supplying the agreed-upon capacity and electrical infrastructure support.
The deployment of these miners will be completed in stages, with a projected hash rate rise of 1.2 EH/s to a total of 3.2 EH/s by the end of Q3 2024, the business stated.
Source:
seekingalpha
