Gryphon Digital Mining terminates colocation agreement with Coinmint; expects new locations by Jan 2025

American Bitcoin Corp.

Gryphon notified Coinmint of non-renewal of their Colocation Mining Services Agreement dated July 1, 2021.
The agreement provided ~27MW of electricity capacity at Coinmint's Massena, NY facility for bitcoin mining.
Agreement scheduled to expire on January 1, 2025 or earlier if mutually agreed by the parties.
Gryphon expects to announce updates on new mining locations prior to the agreement's expiration.

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