According to Cathedra Bitcoin (CBIT), the firm will be deploying bitcoin miners at 360 Mining’s off-grid Texas campus. CBIT will pay $55.00 per megawatt hour for power consumed, plus 10% of gross bitcoin mined at the site, the announcement details. The deal gives CBIT the rights to two megawatts of mining capacity which could produce an estimated 0.054 exahash per second (EH/s) or 54 petahash per second (PH/s) of capacity.