Sphere 3D, the Nasdaq-listed>
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The agreement covers 71,000 bitcoin mining machines, including 60,000 the companies agreed to buy in an August deal with Hertford Advisors.
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The hosting arrangement is the largest in Core Scientific’s history, according to a statement Wednesday.
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The miners will be installed over a period of 14 months and use 100% net carbon neutral power.
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The merger between Sphere (NASDAQ: ANY) and Gryphon is expected to be completed in the fourth quarter.
See also: Core Scientific to Build 300MW Blockchain Data Center in Texas