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Common use of Mining Clause in Contracts

Mining. Subject to the terms hereof, Stronghold shall direct mined tokens derived from the operation of the Bitcoin Miners and PDUs to a wallet that is controlled by Bitfarms. Stronghold shall be granted view-only rights to the wallet that is controlled by Bitfarms. Bitfarms shall determine the pool to which the Bitcoin Miners’ and PDUs’ hashpower shall be directed.

Appears in 2 contracts

Samples: Hosting Agreement (Bitfarms LTD), Hosting Agreement (Stronghold Digital Mining, Inc.)

Mining. Subject to the terms hereof, Stronghold shall direct mined tokens derived from the operation of the Bitcoin Miners and PDUs to a wallet that is controlled by BitfarmsBMS. Stronghold shall be granted view-only rights to the wallet that is controlled by BitfarmsBMS. Bitfarms BMS shall determine the pool to which the Bitcoin Miners’ and PDUs’ hashpower shall be directed.

Appears in 2 contracts

Samples: Hosting Agreement (Bitfarms LTD), Hosting Agreement (Stronghold Digital Mining, Inc.)