Digihost Technology (TSE:DGHI) has released an update.
Digihost Technology Inc. is significantly expanding their Bitcoin mining operations through a profit-sharing agreement to integrate 11,000 S21 miners, boosting their hash rate by nearly 50% to 3.2 EH/s by Q3 2024 while maintaining their energy usage. The company emphasizes sustainability, planning to fully offset their energy consumption with Renewable Energy Certificates and supporting a community solar project. Digihost aims to scale its computing power sustainably, targeting a 5 EH/s hash rate by year-end without incurring debt.
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