BitFuFu, a Singapore-based Bitcoin cloud mining agency, introduced a game-changing two-year settlement with mining large Bitmain. The deal includes buying as much as 80,000 of Bitmain’s newest high-performance S21 XP and S21 Professional miners. This transfer goals to boost BitFuFu’s world mining operations and cloud companies, specializing in vitality effectivity and cost-effectiveness. Leo Lu, CEO of BitFuFu, emphasised the partnership’s function in increasing the corporate’s mining capability to 1 gigawatt by 2026. BitFuFu, which already manages 556 megawatts of internet hosting capability and 26.2 EH/s hashrate, operates 17 mining farms globally, principally within the U.S., and serves over 450,000 customers. Following the announcement, BitFuFu’s Nasdaq-listed shares (FUFU) jumped 13%, buying and selling at $5.60.