- Sentinum, a subsidiary of Hyperscale Data (GPUS, Financial), enters a hosting agreement with Montana OP LLC to expand its Bitcoin mining operations.
- The agreement provides 20 megawatts of energy capacity for deploying 6,800 S19j Pro Antminers by June 2025.
- An energy curtailment program offers a secondary revenue stream, with profits shared equally between Sentinum and the service provider.
Hyperscale Data's subsidiary, Sentinum, has signed a one-year Hosting Services Agreement with Montana OP LLC to significantly enhance its Bitcoin mining operations. The agreement grants Sentinum access to 20 megawatts of energy capacity, facilitating the deployment of 6,800 S19j Pro Antminers. These mining units are anticipated to be operational by the end of June 2025, marking a robust expansion of Sentinum's Bitcoin production capabilities.
A unique feature of this agreement is the participation in an energy curtailment program. During periods of high demand on the utility grid, Sentinum can redirect its electrical load to the grid, creating an additional revenue stream. The profits from these energy sales will be split equally between Sentinum and Montana OP LLC, providing a financial hedge against fluctuations in energy prices.
This strategic deployment leverages previously dormant mining equipment, optimizing capital efficiency without the necessity for new expenditure. Furthermore, the flexible infrastructure allows Sentinum to dynamically allocate its resources between Bitcoin mining and supporting the grid, enhancing its operational adaptability.
The hosting agreement, with an initial term of one year and automatic renewals, offers Sentinum the flexibility to adjust its operations and infrastructure usage as needed. This dual-purpose approach in using existing infrastructure for both mining and grid support is expected to bolster profitability resilience, particularly during volatile periods in the cryptocurrency market.
