BitFuFu signs a two-year deal with BITMAIN to purchase 80,000 S-series Bitcoin mining machines for expansion.
The Ethiopian mining facility will enhance BitFuFu’s global hosting capacity beyond 600 MW, boosting infrastructure.
BitFuFu has signed a two-year framework agreement with BITMAIN, a leading manufacturer of digital asset mining hardware. Including advanced variants like the S21 XP and S21 Pro, the agreement details BitFuFu’s intention to buy up to 80,000 S-series Bitcoin mining machines.
Supporting BitFuFu’s self-operated mining company as well as its range of customer-centric services like miner resales, cloud mining, and hosting, these miners will be very vital.
BitFuFu: Innovative Financial Strategy Drives Ambitious Expansion Goals
The financial structure of this arrangement distinguishes it since it provides payment term flexibility. BitFuFu can defer cash payments, interest-free, until after the machines are delivered and pay a part of the purchase money in company
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