Stronhold, one of the world’s largest bitcoin miners, will pay $ 4.5 million to Northern Data, with which it has a hosting agreement.
According to the statement made by Stronghold, the company has terminated its hosting service from Northern Data.
According to analysis by Stronghold management, this decision will reduce the company’s cash flow until September 2024. 7 million dollars – 24 million ods will improve between
Stronghold was required to pay $2.6 million to use Northern Data’s data facilities.
According to the statements made by Stronghold CEO Greg Beard, after the company terminated its agreement with Northern Data, both able to operate more flexiblyas well as can increase cash flow.