April 25, 2024

Bitmain will sell Marathon ASIC miners for $ 23 million

The Chinese company Bitmain announced the signing of a $23 million contract with Marathon Patent Group, a mining companyregistered on Nasdaq, which will be supplied with 10,500 new Antminer S19 Pro devices.

According to the press release, the contract was signed for several years.

The Antmine S19 Pro r is the flagship of Bitmain ASIC rigs.

Bitmain Senior Sales Manager for NCSA Regions, Irene Gao, noted:

“We are very pleased to have signed this contract,which will greatly expand our relationship with Marathon. Powered by the next generation chip from Bitmain, the Antminer S19 Pro offers industry-leading performance and energy efficiency, which we believe will significantly increase Marathon's mining capacity. ”

Marathon Patent Group CEO Merrick Okamoto stressed that with the new units, they will achieve a production capacity of up to 1.55 Exahash:

"The S19 Pro ASIC miner from Bitmain outperforms all other miners we use, producing and energy efficiency of 29.5 ± Joules per terahash (J / TH)."

Last month, Bitmain signed a contract to sell 8,000 new Antminer S19Pro devices worth about $15 million with Riot Blockchain.

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