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Low-Cost Energy Meets High Hashrates: Bitfufu Eyes Major Oklahoma Mining Stake Bitcoin.com 17 Jan 2025

Low-Cost Energy Meets High Hashrates: Bitfufu Eyes Major Oklahoma Mining Stake ⛏️

Bitcoin BitFuFu Oklahoma

Bitfufu has entered into a letter of intent to acquire a controlling interest in a 51-megawatt (MW) bitcoin mining facility based in Oklahoma. The company sees this as a strategic move, leveraging low-cost energy at $0.03 per kWh in an unpopulated region.

The facility is equipped with fully operational power and mining infrastructure. Bitfufu aims to capitalize on this to enhance its mining capabilities in the region.

Source: news.bitcoin.com ↗

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