- Canada Computational Unlimited (SATO) has signed an LOI with Foundry Digital to purchase 700 miners
- These miners would add an equivalent of 65 PH/s to Center One, a state-of-the-art, carbon-neutral bitcoin mining center
- The company and Foundry Digital will seek to conclude a definitive agreement prior to the end of January 2022
- CCU.ai operates a state-of-the-art, carbon-neutral bitcoin mining center
- Canada Computational Unlimited Corp. (SATO) opened trading at C$0.89 per share
Canada Computational Unlimited (SATO) has signed a non-binding letter of intent with Foundry Digital to purchase 700 miners.
These miners would add an equivalent of 65 PH/s to Center One, highlighting CCU.ai’s commitment to reach 600 PHs.
Romain Nouzareth, CEO and Chairman of CCU.ai, commented,
“This increment is the result of a collaborative effort from both parties and is the first of many that we have planned to reach our capacity of 600 PHs for Center One. This further proves that we are on a path to reaching our targets.”
The company and Foundry Digital will seek to conclude a definitive agreement prior to the end of January 2022.
CCU.ai operates a state-of-the-art, carbon-neutral bitcoin mining center with a contract of 20 MW of stable, eco-friendly energy. The company’s high-density calculation centers are built for high-grade cryptocurrency mining, AI data processing, and fintech infrastructure.
Canada Computational Unlimited Corp. (SATO) opened trading at C$0.89 per share.