Bitcoin Miner Sphere3D Downsizes Deal for Machines With BitFuFu

A Huge Glut of Bitcoin Mining Rigs Is Sitting Unused in Boxes

“The contract with BitFuFu was signed in late 2021 at the height of the Bitcoin market as a fixed price contract with no allowances for market price adjustments,” and it was “critical” that the firm was extricated from the contract, said Patricia Trompeter, Sphere 3D’s CEO, in the press release.

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