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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