Bit Digital, Inc. (Nasdaq: BTBT) (“Bit Digital” or the “Firm”), a sustainable digital infrastructure platform for digital property and cloud computing companies, headquartered in New York, is happy to announce that it has finalized an settlement with Soluna Computing, Inc (“Soluna”) for 4.4 megawatts of incremental internet hosting capability at Venture Sophie in Kentucky to energy its miners for an preliminary contract time period of twelve months. The corporate will fill the capability with present miners from its fleet and expects the miners to be actively hashing by early-November, 2023.
Sam Tabar, Bit Digital’s CEO, commented: “We’re happy to enter into this settlement and additional diversify our internet hosting portfolio each geographically and throughout counterparties. We consider this contract is structured in such means to supply us with enhanced operational flexibility by the ‘halving’ scheduled for 2024.”
