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Lokotech Secures New Framework Agreement for Scrypt Miners

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Lokotech Secures New Framework Agreement for Scrypt Miners

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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.

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