Gryphon digital mining signs definitive agreement for natural gas assets, securing low-cost power of 100 mw, expandable and scalable to 1 gw

Pending acquisition is expected to deliver: natural gas asset in canada with 5+ tcf of contingent resource phase 1 power generation of 100 mw with expansion potential up to 1 gw all in energy costs of less than $0.03/kwh las vegas, nv / accesswire / december 10, 2024 / gryphon digital mining, inc. (nasdaq:gryp) ("gryphon" or the "company"), an innovative venture in the bitcoin and ai space dedicated to helping bring digital assets to the market, announced today that it has entered into a definitive agreement with erikson national energy inc. to acquire natural gas assets currently in insolvency located in northeast british columbia, canada. the signing represents a crucial and first step for the company in securing long-term competitive advantages in bitcoin mining and ai operations by acquiring significant power-generating assets.
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