Future Fintech’s wholly-owned subsidiary FTFT SuperComputing signed a data mining hosting agreement with Tech Solution which stipulates that FTFT SuperComputing will provide hosting services for Tech Solution’s Bitcoin miners on its cryptocurrency farm in Norwalk, Ohio. The Agreement specifies that Tech Solution’s bitcoin miners would include models such as the Antminer S19j Pro. The monthly service fee will be calculated based upon the electricity consumption of Tech Solution’s servers and supporting facilities multiplied by the Unit Hosting Fee, with electricity consumption based on the reading of an independent electrical meter installed by Tech Solution to FTFT The agreement will be in force from April 15, 2024 to April 30, 2025 with billing starting from the actual power-on date.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FTFT: