Oct 26, 2020 at 13:00 UTCUpdated Oct 26, 2020 at 13:37 UTC.Nasdaq-listed bitcoin mining company Marathon Patent Group signed a contact to purchase an additional 10,000 Antminer S-19 Pro miners from Bitmain, according to a Monday press release.
The machines, when delivered and fully installed, will add 1.10 exahash to the company's existing mining power.
Delivery of Marathon's new machines is expected to begin in January 2021 with all miners fully deployed by the end of Q1 2021, according to CEO Merrick Okamoto.
This latest contract marks the continued rapid expansion of Marathon's mining power after signing another $23 million deal with Bitmain for 10,500 additional miners in August, as CoinDesk reported.
The Las Vegas-based company also formed a joint venture early this month with Maryland-based Beowulf Energy to supply power to Marathon's miners at a rate 38% lower than its current costs.
Marathon Purchases Additional 10,000 S-19 Pro Miners From Bitmain
Veröffentlicht auf Oct 26, 2020
by Coindesk | Veröffentlicht auf Coinage
Coinage
Neueste Nachrichten
Alle ansehen
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.