Sunshine Oil Sands and BitCruiser reach strategic partnership to develop Bitcoin mine

Mars Finance reports that Sunshine Oil Sands (2012.HK) has signed a non-binding strategic cooperation agreement with BitCruiser Incorporated, an international Bitcoin mining equipment supplier. Under the agreement, the two parties will jointly establish a large-scale Bitcoin mining facility on land owned by Sunshine Oil Sands in Canada. Sunshine Oil Sands will provide the project's electricity, natural gas, office, accommodation, storage, and other supporting facilities, while BitCruiser will invest in Bitcoin mining equipment and operate the facility. Sunshine Oil Sands and BitCruiser have reached a consensus to quickly establish a joint team to develop an implementation plan for the mine's development and operations. The strategic agreement is for a period of six months, with either party having the option to terminate or extend the agreement upon expiration. BitCruiser Incorporated is a global leader in Bitcoin mining equipment maintenance and optimization services, specializing in providing efficient and reliable ASIC mining solutions for the cryptocurrency mining industry.