BitFuFu Inc., a Nasdaq-listed company in Bitcoin mining, has entered a two-year agreement with BITMAIN, a major mining hardware manufacturer. This deal allows BitFuFu to purchase up to 80,000 units of BITMAIN's top-tier miners, such as the S21 XP and S21 Pro. The agreement offers flexibility in ordering and payment, enabling BitFuFu to expand its mining capacity globally. CEO Leo Lu highlights the strategic partnership's aim to scale up mining infrastructure, targeting an additional 1 GW capacity by 2026. BitFuFu's recent launch of BitFuFu Pool caters to institutional and retail miners with competitive commission rates. The company's focus on efficiency is evident in its mining operations, having mined 84 BTC in November. The collaboration between BitFuFu and BITMAIN signifies a commitment to adapt to geopolitical changes and enhance mining efficiency. With plans for significant capacity expansion and advanced hardware acquisition, BitFuFu is poised to lead in the global Bitcoin mining ecosystem. Read more AI-generated news on: https://app.chaingpt.org/news
Strategic Partnership in Bitcoin Mining Sector
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