By Key cryptocurrency mining player, Bitfarms, has announced an upscaling of its hosting agreement with Stronghold Digital Mining. This strategic move is aimed at bolstering Bitfarms’ digital currency mining capacity, a major growth area in the ever-expanding blockchain industry. The agreement sets Bitfarms on a fast-track journey to achieve 2.2 exahash per second (EH/s) computing capability, positioning the company as a dominant force in the Bitcoin mining arena.
Under this reinforced agreement, Stronghold Digital Mining will work closely with Bitfarms in providing the requisite infrastructure for high-performance crypto mining operations. The deal includes an initial batch of approximately 7,000 new generation miners, which Bitfarms will leverage to strengthen its Bitcoin mining potential.
The deployment of these high-efficiency miners will further improve Bitfarms’ energy consumption rate, a critical aspect of sustainable cryptocurrency mining practices. This aligns with Bitfarms commitment to environmental responsibility as it continues to spearhead more eco-friendly processes within the cryptocurrency mining landscape.
In conclusion, Bitfarms’ collaboration with Stronghold Digital Mining signifies a promising step towards achieving higher functionality and sustainability in Bitcoin mining. As cryptocurrency becomes increasingly mainstream, solutions designed to optimize operations while minimizing environmental impact are key to maintaining a competitive edge within this disruptive sector.
Source: Cointelegraph
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