BitMine Immersion Technologies, Inc. announced it has signed an agreement with a large regional enterprise to enable it to locate up to 100 Megawatts of hosting equipment at different locations owned by the provider. The agreement allows the company to utilize existing infrastructure of the counterparty that includes real estate, internet access, on-site security, and electricity at its industrial rate, currently 3.5 cents per kilowatt hour. BitMine expects its first hosting facility to come online in January 2022, with its additional openings following soon after.