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- Digihost Technology (NASDAQ:DGHI) said it has entered into a profit-sharing agreement with a strategic partner.
- Under the agreement, the company will integrate 11,000 S21 miners into its facilities.
- The deal also includes a profit-sharing component, whereby the firm will receive 60% of the daily Bitcoin (BTC-USD) mining rewards earned from the S21 Miners in exchange for providing the agreed upon capacity and electrical infrastructure support.
- The deployment of these miners will be completed in phases, with an expected hash rate increase of 1.2 EH/s, to a targeted total of 3.2 EH/s, by the end of Q3 2024, the company said.
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