Stronghold Digital Mining to Acquire 9,080 Bitcoin Rigs

Stronghold Digital Mining to Acquire 9,080 Bitcoin Rigs
Stronghold Digital Mining is buying 9,080 Bitmain and MicroBT mining rigs, adding about 826 petahashes per second (PH/s) to its hashrate, the company said in a filing on Monday.Since it released its third-quarter results on Nov. 30, the Pennsylvania-based company has signed four separate deals for the rigs, according to the filing. It expects 4,800 rigs, which cost $35.7 million, to be delivered by the end of the year or in early January, it said.Another 4,280 rigs were acquired under a profit share arrangement with Northern Data, under “highly favorable” conditions for Stronghold, it said. They will be delivered during…