Compute North and Marathon Digital extended their hosting contract to more than 100,000 bitcoin mining makers throughout the U.S. according to a statement on Wednesday. The systems will be powered primarily by wind and solar power.
- The contract is a growth of the business’ previous hosting deal of 73,000 miners in May.
- The pact will make Marathon’s mining operations “not only be among the largest in North America, but also among the most efficient and most environmentally friendly,” stated Marathon’s CEO Fred Thiel.
- The offer will make Marathon’s mining operations about 77% carbon neutral.
- Some of the miners are being released at existing information centers while the rest will be online by mid-2022 as Compute North finishes building of its centers.
- On Nov. 2, Marathon stated once it gets all exceptional order, it anticipates to have around 133,000 functional miners producing about 13.3 exahash per second. Its “blended” expense of electrical power and hosting will have to do with $0.042 per kilowatt hour.
- Marathon Digital shares climbed up 6.5% in early trading on Wednesday.