Second Major Framework Agreement for Pre-Order of Hashblades Signed with U.S.-Based Miner
Norway, Feb. 11 -- Lokotech AS, a wholly owned subsidiary of Lokotech Group AS, has signed a second framework agreement for pre-order of its proprietary Scrypt miners, utilizing Lokotech's state-of-the-art Scrypt ASICs. The agreement, signed with a private mining client in the United States, represents a potential gross revenue of two to five million USD for Lokotech AS upon full execution. This totals Lokotech AS pre-orders including earlier published Framework agreement (08.12.2024) within the range 6 to 12 million USD.The agreement is designed to offer flexibility to both parties, particularly regarding delivery timelines and order volumes. Under the terms of the contract, the first installment (deposit) has been received, while the seco...
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