Link Global Technologies Operating Hashrate Increases 380%, Over 1.7 EH/s, With the Delivery of 12,000 Bitcoin Miners From Atlas Mining
CSE: LNK
FRA: LGT
OTC PINK: LGLOF
LINK GLOBAL TECHNOLOGIES INC., an innovative power and infrastructure solutions provider for Bitcoin mining, and data hosting operations, is pleased to announce that the Company has entered into a strategic co-mining agreement with Atlas Mining Investments Ltd.
***Highlights:***
* Signed agreement for 40MW turnkey solution for hosting 12,000 of Atlas Mining’s latest generation Bitcoin miners.
* The first 40MW is set to be commissioned in late Q3 through Q4, 2021, with an option to expand an additional 40MW, or 12,000 miners in Q1/Q2, 2022.
* Latest generation miners planned for installation; this adds 1.3 EH/s for 2021 with an optional 1.3 EH/s for a total of 2.6 EH/s for early 2022.
Link President and Chief Executive Officer Stephen Jenkins commented, “This 40MW, combined with the 10MW agreement disclosed June 24, 2021, brings us to 70% of our stated objective of 100MW in 2021. Link’s modular, scalable approach is now becoming relevant in North American and Globally. We are seeing unprecedented levels of interest in expanding services.”
Find the full release here at:[https://ca.finance.yahoo.com/news/global-technologies-operating-hashrate-increases-235500840.html](https://ca.finance.yahoo.com/news/global-technologies-operating-hashrate-increases-235500840.html)
Stay safe, this is not financial advice!!
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