US Bitcoin Corp Signs Major Deal With Celsius Network
US Bitcoin Corp Gets 8500 Miners North America’s leading Bitcoin mining company US Bitcoin Corp (USBTC) has secured a deal with a deal with Celsius Network to run an initial 8,500 miners at the USBTC Alpha Site. The miners have an estimated sticker hashrate of 820 petahash (PH), as per a press release on August 31. advertisement USBTC is part of the Fahrenheit LLC coalition that received the bankruptcy court’s approval to acquire insolvent lender Celsius Network. The assets were previously valued at around $2 billion. Arrington Capital, Proof Group Capital Management, Steven Kokinos, and Ravi Kaza are also part of the Fahrenheit consortium. Asher Genoot, President of USBTC, said: “The opportunity to manage the Celsius assets marked a defining milestone. Together with Fahrenheit, we envision a future where Bitcoin mining is not just profitable but sustainable and industry-advancing.” Recommended Articles ...