SCOOP: USBitcoinCorp has signed contracts to host 150,000 bitcoin mining rigs with companies including MarathonDH and FoundryServices. By egreechee.
U.S. Bitcoin Corp has signed multi-year agreements to host 150,000 bitcoin mining machines with major firms including Marathon Digital Holdings , the firm told CoinDesk.
The deals showcase the apparent rebound in the mining industry, which is trying to rise after a rough 2022. Last year's crypto downturn led to a lot of major miners going bankrupt, includingThe three bitcoin mines are in Kearny, Nebraska, as well as Granbury and Upton County, Texas. Energy investment firmbought Compute North's stake in two of the sites, one in Nebraska and one in Texas, whereas the Upton County facility is owned and operated in a 50-50 joint venture with NextEra Energy .
Foundry, Sphere 3D , Decimal Group, and TeslaWatt are among USBTC's new hosting clients. Foundry is owned by CoinDesk's parent company, Digital Currency Group.While USBTC has seen positive developments in its operations, as it also
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