To fuel its continued growth in the booming bitcoin market, the digital currency mining data center Bitfarms has entered a hosting agreement with Stronghold Digital Mining for an additional 10,000 miners. This announcement follows closely behind Bitfarms’ recent deployment of 100 loading vehicles, expanding its infrastructure at Stronghold’s Scrubgrass site and positioning the company for further growth in the cryptocurrency landscape.
This move represents a strategic partnership for both companies, with Bitfarms seeking to enhance its computing power and increase its processing capabilities, whilst Stronghold aims to capitalize on the growth in the crypto sector and attract more large customers. As the global appetite for cryptocurrency surges, this agreement is set to have wide-reaching implications for the future of mining data centers and their ability to meet rapidly growing demand.