LM Funding America, Inc. Announces Strategic Collaboration with Arthur Mining to Support Development of New Hosting Sites with Dedicated Capacity Expected to Drive Revenue Growth and Significant Cost Efficiencies

LM Funding America, Inc.LM Funding America, Inc.

LM Funding America, Inc.

Tampa, FL, June 07, 2024 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ:LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today announced a strategic collaboration to support the development of a new 15 MW hosting site being developed by Arthur Mining Inc., near Oklahoma City. In connection with collaboration, LM Funding has committed to loaning $2.5 million to a new joint venture, majority-owned by Arthur Mining and co-owned by a third-party, in order to accelerate completion of the 15 MW hosting site.

As part of the agreement, the Company has entered into a hosting contract with Arthur Mining for approximately 3,000 of the Company’s Bitmain Antminer S19j Pro machines to be deployed at the new…


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WebPros, Extendify elevate WordPress Experience

Integration of Extendify’s User-Friendly Creation Tools Enhances WebPros’s Robust WordPress
Management Solution WP Squared, Offering a Seamless and Intuitive WordPress Experience for Hosting Providers and End-Users

WebPros, a leader in web hosting enablement solutions announces the integration of WP Squared, an efficient and secure WordPress management solution, with Extendify, the leading solution for web hosts to create world-class WordPress experiences.

This strategic partnership will streamline the onboarding process and enhance the overall website creation experience for users. By combining WP Squared’s robust WordPress management capabilities, built on proven cPanel technology, with Extendify’s powerful site creation and onboarding tools, this integration sets a new…


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Website Hosting Cost Guide 2024

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Jessica Elliott

Jessica Elliott

Contributor

Jessica is a freelance contributor to the Newsweek Vault. She has written hundreds of…


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Website Hosting Cost Guide 2024

Editorial Note: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. We may earn a commission from partner links on Newsweek, but commissions do not affect our editors’ opinions or evaluations.

Jessica Elliott

Jessica Elliott

Contributor

Jessica is a freelance contributor to the Newsweek Vault. She has written hundreds of…


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10 Best Dedicated Hosting Services of June 2024

Editorial Note: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. We may earn a commission from partner links on Newsweek, but commissions do not affect our editors’ opinions or evaluations.

Jessica Elliott

Jessica Elliott

Contributor

Jessica is a freelance contributor to the Newsweek Vault. She has written hundreds of…


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