Sphere 3d corp. signs letter of intent to acquire a 12.5 mw site in iowa featuring average sub -4c energy, set to be operational by december 2024

Stamford, connecticut--(newsfile corp. - september 9, 2024) - sphere 3d corp. (nasdaq: any) ("sphere 3d"), a bitcoin mining company, announces the development of a 12.5 mw site in iowa. 12.5 mw site with anticipated average of sub ~4 cent power facility estimated to be ready beginning of december managed services agreement with simple mining for 3 years to manage site sphere 3d has partnered with simple mining llc to engineer, develop, and operate the site.
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