📢 Breaking news from the crypto world! 📢
• Hut 8 announced a major deal with Bitmain that will bring in $125 million annually.
• The company will deploy up to 15 exahashes per second of new ASIC miners by 2025.
• This will increase Hut 8's hashrate from 4.7 EH/s to 19.7 EH/s, strengthening their position in the market.
• New liquid-cooled miners will triple the computing power.
• The agreement includes an option to purchase all installed miners at $21 per TH.
• The partnership provides stable revenues independent of BTC price fluctuations.
• Hut 8 shares rose 3.7% following the announcement.
What do you think about this? Share your thoughts in the comments! 💬