Tianci International Partners with BTC Digital for 3MW Crypto Computing Project
Tianci International (CIIT) has announced a non-binding Memorandum of Understanding (MOU) with BTC Digital Ltd. to pursue an approximately 3 MW crypto computing project.
The project, which will advance in phases over the course of twelve months, involves BTC Digital providing sites, power, hosting infrastructure, equipment deployment and operational support while Tianci handles equipment procurement and project funding, arranges transportation and insurance, provides deployment information, and obtains necessary permits.
The MOU is not a binding agreement, but rather a statement of intent that outlines the current intentions of both companies. It has a twelve-month term and may be extended by written agreement or terminated with fifteen days' prior written notice.