Bitcoin mining company Bitfarms has reached a hosting agreement with Stronghold, planning to add 10,000 Bitmain T21 miners.

Bitcoin mining company Bitfarms has announced a hosting agreement with Stronghold Digital Mining to add 10,000 Bitmain T21 miners to its Panther Creek mining facility in Pennsylvania. Operations are set to commence on October 1, 2024, increasing Bitfarms' hash rate by 2.2 EH/s. Additionally, Bitfarms will pay Stronghold 50% of the profits generated from the hosting agreement. The agreement will be renewed annually until either party decides not to extend it. (Cointelegraph)