U.S. Bitcoin Corp. Secures 150K Mining Machines

MIAMI, FL – U.S. Bitcoin Corp (USBTC) has announced the signing of lucrative multi-year agreements with prominent firms, including Marathon Holdings (MARA), to host 150,000 bitcoin machines. 

The development signals a remarkable recovery in the mining industry, which endured a challenging period during 2022. The previous year’s cryptocurrency downturn led to the bankruptcies of several mining companies, including Compute North, which was initially responsible for operating the three USBTC sites.

USBTC is currently in the midst of a significant merger with Canadian mining giant Hut 8 Mining (HUT), making it one of the largest consolidation moves in the industry. USBTC has successfully reached an agreement with the city of Niagra Falls to continue Hut 8’s mining operations there.