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home / news releases / LMFA - LM Funding America signs agreement with multi-state data hosting company

LMFA - LM Funding America signs agreement with multi-state data hosting company

LM Funding America Inc.
LM Funding America (NASDAQ:LMFA) entered into a hosting and services agreement with a multi-state data hosting company to host up to 4,200 of the company's S19J Pro Antminer Machines. The company expects that once all 4.2K machines are operational at the new facility, LMFA will have a total capacity of ~420 petahash capable of generating ~53 Bitcoin/month based on difficulty rates. It sees all of its 5K newly purchased miners, including 800 miners not being hosted by the new vendor, will be operational by Q4 of 2022, potentially generating 504 petahash. The new agreement is for 60 months and includes full hosting and management services.

For further details see:

LM Funding America signs agreement with multi-state data hosting company
Stock Information
Company Name: LM Funding America Inc.
Stock Symbol: LMFA
Market: NASDAQ
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