NEW YORK, March 26, 2024 /PRNewswire/ -- Future Fintech Group Inc. (NASDAQ: FTFT), (hereinafter referred to as "Future FinTech", "FTFT" or the "Company"), a comprehensive financial and digital technology service provider, announced today that on March 15, 2024, its wholly-owned subsidiary, FTFT SuperComputing Inc. ("FTFT SuperComputing"), signed a data mining hosting agreement (the "Agreement") with Teracrypto Technology LLC ("Teracrypto") which stipulates that FTFT SuperComputing will provide hosting services for Teracrypto's bitcoin models on its cryptocurrency farm in Norwalk, Ohio.
The Agreement specifies that Teracrypto's bitcoin miners would include models such as the Antminer S19j Pro, and that the maximum total power load that FTFT SuperComputing would provide is 3.0 MW, although FTFT SuperComputing does not guarantee that the total power load will reach this level. The final calculation of the total server load will be based on the actual number of bitcoin miner installations. The monthly unit hosting fee per bitcoin miner unit will comprise FTFT SuperComputing's unit hosting fee, scaled pricing based on ...
Bitcoin Mining Hosting Agreement for its cryptocurrency Farm in Norwalk, Ohio>Full story available on Benzinga.com