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    X3 Holdings Secures Central Asia Bitcoin Mining Deal

    ByFebruary 15, 2024, 5:39 AM1 Mins read39 Views
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    X3 Holdings Secures Central Asia Bitcoin Mining Deal

    X3 Holdings has signed a multi-year hosting agreement with a Central Asian bitcoin mining facility, allowing the company to deploy advanced, energy-efficient bitcoin miners to achieve a combined hash rate of 1.4EH/s by 2025. 

    The agreement includes access to a hydro-powered electrical infrastructure, high-speed broadband connectivity, and operational support services. 

    CEO Stewart Lor emphasized the move as a key step in increasing mining capacity using cost-effective electricity from renewable sources. 

    X3 Holdings operates in various business segments, including digital technologies, crypto-mining operations, renewable energy, and agriculture technologies.

    (With inputs from Shikha Singh)

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