Compute North Will Host Marathon Digital’s 73,000 Bitcoin Miners

One of the largest Bitcoin self-mining company in North America Marathon Digital Holdings had a binding letter of agreement with Computer North,most scalable, cost-competitive hosting solution in North America.

The agreement will allow Compute North to host the 73,000 ASIC Miners purchased by Marathon in the new 300-megawatt data center located in Texas.

The agreement states Marathon will give Compute North an 18-month bridge loan of up to $67 million, in tranches, to construct the facility.

Marathon further states once all the bitcoin miners are fully installed,the company’s hashrate will increase to 10.37 EH/s with an approximate  $0.0453 per kWh for mining cost of hosting services.

The company will also be 70% carbon-neutral with the long term aim of being 100% carbon.

Fred Thiel, Marathon’s CEO said,

“This agreement sets us on a clear path to becoming one of the largest, most efficient, and most environmentally conscious Bitcoin miners in North America.