Marathon will pay $13.5 million to Hut 8 to gain operational control of two bitcoin mining sites

TechFlow news: Marathon Digital has agreed to pay Hut 8 a $13.5 million termination fee to gain full control of the recently acquired Bitcoin mining facilities in Granbury, Texas, and Kearney, Nebraska.

Marathon intends to replace the mining company as operator of these facilities by April 30, while Hut 8 continues to provide management services and conduct its own mining operations.