Scientific Purchase of Over 58,000 Bitmain S19 Antminers to Expand Its Host Fleet in North America

One of North America’s leading blockchain hosting providers announced its expansion by ordering over 58,000 additional S19 Series Antminers, as part of an agreement entered into with the Chinese mining hardware manufacturer.

US Contract Miner Core Scientific Arrangements Purchase Over 58,000 Bit19th S19 Antminers

According to the announcement, Bitmain’s deal expects to facilitate purchases of Scientific Core customers through September 2021.

The purchase agreement will bring total purchases to 76,024 next-generation bitcoin (BTC) miners, the S19 and S19 Pro Antminers for the last 16 months, and Core Scientific claims to make them the largest hosting services provider in North America.

By bringing the latest Bitmain digital mining machines, Core Scientific is also aiming to expand its operational fleet of 19 Series hosted computing power with Core Scientific to 7.26 exahash.

Kevin Turner, CEO and president of Core Scientific, commented on the deal with Bitmain:

I am very pleased to note that over 17,000 Bitmain new-gen digital mining machines have been stable and operating efficiently within Core Scientific’s facilities. This is key as we compete directly for global hash rate and solidify our position as the largest hosting provider in North America.

Core Scientific recently named Bitmain’s only warranty repair center in North America, as consumers will no longer need to send their hardware to Asia.

Recent Bitmain News

Back on December 14, 2020, the Chinese mining manufacturer launched the international version of AntSentry, which is their cloud-operating and maintenance management system.

But the news has not been so positive at Bitmain at the end of the year. According to the company’s attorney during a live broadcast of the People’s Court in Beijing, it was revealed that Bitmain lost approximately $ 60 million in 2019.

The court hearing took place amid a dispute between four former employees with Beijing Bitmain Technology. They claim that the company did not pay them compensation and bonus packages when it was dismissed.

What do you think of Core Scientific’s latest deal with Bitmain? Let us know in the comments section below.

Tags in this story

Antminer S19, Antminer S19 Pro, ASIC, Bitmain, China, Core Scientific, crypto mining, cryptocurrency mining hardware, Kevin Turner, mining hardware, UD

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