Powerpool Hosting AS' pilot program is developing nicely, with the pilot project
expected to start hashing in medio December. Powerpool expect to fill the pilot
capacity within start of operations, totaling 37 servers of various models. Ace
Digital («OSL:ACED») has reserved a portion of the initial Scrypt machines,
taking advantage of Powerpools seamless payout in the currency of their choice,
predictable power prices, reporting features that reduces the friction for more
traditional businesses to enter into mining, and the low fees.
Initial analysis of the «Soup4sats» marketing partnership, which was conducted
throughout September, is characterized as a success from the management of
Powerpool Mining SL.
Customer acquisition payback time was calculated to less than 30 days.
An increase in hashrate volumes of approximately 10% for Scrypt and 20% for
SHA-256 over the period from new sign-ups was achieved in September. Early
analysis seems to indicate a low churn rate after the campaign ended.
October, the first full normal month of operation since the publishing of
Lokotech Groups semi-annual report ended at approximately 69 000 euros in net
revenue, a decrease from approximately 79 000 in August. The difference is
mainly due to lower cryptocurrency prices.
Year-to-date, the worldwide hashrate for Scrypt and SHA-256 has increased
approximately 78% and 41 %, whereas Powerpools hashrate has grown significantly
faster at 218% and 157% as of the 10th of November 2025.
Group CEO Ola Stene-Johansen will present at Pareto Securites' 6th Annual
TechSaas conference in Stockholm tomorrow Thursday 13th 2025. Please find the
slide deck to be used attached.
This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.