THELOGICALINDIAN - On December 9 the Nasdaqlisted cryptocurrency mining aggregation Marathon Patent Group appear the close is purchasing 10000 Antminer S19j Pro units from the Chinese mining architect Bitmain According to Marathon afterwards the accretion of nextgeneration bitcoin miners the aggregation will accept an accumulated absolute of 33560 ASIC miners with up to 356 exahash EHs of hashpower
Marathon Patent Group, Inc. (NASDAQ:MARA) has partnered with Bitmain already afresh to acquirement accession 10,000 application-specific chip ambit (ASIC) bitcoin miners. In accession to the contempo purchase, Marathon has acclaimed it is additionally accretion operations and is currently alive with the activity ambassador Beowulf Energy.
Marathon capacity that with Beowulf Energy’s help, it affairs to accessible a new “renewable energy-powered abstracts centermost in the northeastern United States.” According to the announcement, Beowulf affairs to accumulation Marathon with a 100 (MW) megawatts of activity and the adeptness to advancement to 250MW.
Marathon says that 6,000 S-19j Pro miners will be alien in August 2024 and the closing 4,000 will be delivered to the firm’s Montana facility. After Bitmain completes the deal, Marathon’s Hardin Montana abstracts abode will be maxed out with a burning akin of 100MW.
The aggregation says the Big Horn County bitcoin mining ability will host a absolute of 33,560 ASIC bitcoin miners with 3.56 exahash per additional of SHA256 hashrate. Merrick Okamoto, Marathon’s administrator and arch controlling officer, explained that the close is admiring that it met the best requirements at the Hardin data-house in Montana.
“We are admiring to accept auspiciously completed the acquirement of all ASIC Miners appropriate to absolutely advance our 100 MW abstracts centermost in Hardin MT,” Okamoto said. We are now attractive advanced to our abutting appearance of advance as we body out our additional abstracts center. The new ability will be powered primarily by clean, renewable power, which is not alone cost-effective, but will additionally acquiesce us to lower our carbon footprint.”
Okamoto added added:
At accepted bitcoin prices, and if electrical costs are absolutely about $0.028 per kWh at the Hardin facility, again any ASIC bitcoin miner with a hashrate amid 80 to 100 terahash will abduction over $8.50 or added a day per unit. With the Bitcoin network’s accepted adversity at 19.16T and present bazaar prices per unit, Marathon’s Hardin ability with 3.56EH/s can evidently abduction 14.5 BTC per day, application today’s accepted estimates and abstracts for the boilerplate of 33,000 80TH/s machines.
Marathon has been aggravating to abduction a lion’s allotment of the hashrate acquired from the Western ancillary of the world, but the aggregation is additionally aggressive with top operations such as Hut8 and Riot Blockchain as well.
Bitmain’s Antminer sales administrator of North, Central, and South America (NCSA), Irene Gao says that the aggregation envisions added cooperation with Marathon Patent Group. “We are admiring to accept provided Marathon with addition 10,000 of Bitmain’s latest bearing of Antminer S-19j Pro mining hardware,” Gao said on Wednesday. “This accord continues to be mutually beneficial, and we attending advanced to added accommodating with Marathon and allowance them to advance their administration position in the Bitcoin mining industry,” she added.
Bitmain’s Su Ke, sales administrator of EMEA CIS Region of Antminer, appear the barrage of the new S19j and S19j Pro mining rigs at the Mining and Investment Summit on November 24. During the aftermost few months, institutions accept been bistro up a abundant allocation of the next-generation ASIC bitcoin miners, causing bitcoin miners to be concerned about mining rig shortages.
What do you anticipate about Marathon maxing out the Montana bitcoin mining operation by purchasing 10,000 Antminer S-19j Pros? Let us apperceive what you anticipate about this accountable in the comments area below.
Image Credits: Shutterstock, Pixabay, Wiki Commons, Marathon Hardin MT Facility, Bitmain,
