Listed companies BitDigital and Digihost have entered into a joint mining agreement to increase computing power to 400 PH / S.

According to PR News Wire, Bit Digital, Inc. (NASDAQ: BTBT) announced that it has entered into a joint venture mining agreement with Digihost Technologies. Digihost will provide Bit Digital with a niche dedicated to the operation and storage of Bit Digital. Digitost also ensured for two years the surveillance of its site for the Bitcoin mining operating system of 20 MW ("miners"). The Digihost and Bit Digital joint venture is expected to increase the power consumption of the two companies by approximately 400PH.