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Harmonychain AS ( (DE:7EW) ) has provided an announcement.
Lokotech AS, a subsidiary of Harmonychain, has signed a framework agreement with a US-based private operator for its Scrypt Miners, potentially generating revenues of up to 5 million USD. This deal enhances Lokotech’s competitive position by achieving economies of scale and opens a new revenue stream through hosting services in Norway.
More about Harmonychain AS
Harmonychain AS operates in the technology industry, focusing on producing high-performance computing devices. Its primary products include Scrypt Miners that utilize advanced ASIC technology, catering to clients seeking efficient and scalable mining solutions.
YTD Price Performance: 27.33%
Average Trading Volume: 2,500
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €38.61M
See more data about 7EW stock on TipRanks’ Stock Analysis page.