THELOGICALINDIAN - Marathon one of the arch bitcoin mining companies in North America appear it has entered a new acquirement acceding with Bitmain a bitcoin mining apparatus architect This accord would acquiesce them to access an bearding cardinal of Antminer S19 XP models an ASIC able of carrying 140 THs while actuality added able than its antecedent iterations Marathon hopes to host 202400 miners by aboriginal 2023
Marathon Keeps Buying Miners
Marathon Digital Holdings, one of the better bitcoin mining companies in the world, announced today it entered a new acquirement acceding with Bitmain. The acceding will acquiesce the aggregation to get ahold of a cardinal of mining machines to aggrandize its hashrate accommodation abutting year. The machines purchased are Antminer S19 XPs, one of the newest miners developed by the Chinese manufacturer, able to bear 140 TH/s of mining ability while actuality added energy-efficient than its predecessors.
While the architect did not explain how abounding miners were ordered in this new agreement, it did appraisal that with this new accumulation of miners, which are accepted to address amid July 2022 and December 2022, it will accept added than 199,000 miners bearing 23.3 EH of hashrate by 2023. This will aggregate an access of 600% in its accommodation back compared to its accepted hashrate, according to Fred Thiel, CEO of Marathon. He added elaborated, advertence that:
A Year of Growth
This advertisement closes a year of growth, in which Marathon has consistently anchored miners for its accessories all about the United States. Last August, Marathon reported the acquirement of 30,000 S19j Pro miners, additionally from Bitmain, At that time, the aggregation estimated that this accumulation would add 13 EH/s to its already exact mining power. The amount of the miner accumulation was $120 million.
Furthermore, beforehand this month, the aggregation announced it had anchored hosting for added than 100K miners in a accord with Compute North, that would additionally acquiesce them to ability best of these miners with renewables, including solar and wind.
The aggregation alike communicated it had planned to accession $500 actor in chief addendum to access bitcoin or added bitcoin mining machines in November.
What do you anticipate about Marathon’s latest accord with Bitmain? Tell us in the comments area bottomward below.
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