Bitcoin mining company Bitfarms announced that it has reached a hosting agreement with Stronghold Digital Mining to add 10,000 Bitmain T21 mining machines to its Panther Creek mining facility in Pennsylvania and start operations on October 1, 2024, which will increase Bitfarms' computing power by 2.2 EH/s. In addition, Bitfarms will pay Stronghold a fee equal to 50% of the profits generated by the mining machine hosting agreement. The agreement will be renewed annually until either party decides not to renew the contract. (Cointelegraph)