Marathon orders 78,000 new ASICs from Bitmain for $ 879 million

American miner Marathon Digital Holdings has made Bitmain the largest order for the supply of new ASICs Antminer S-19 XP.

In accordance with the agreement, in the secondIn the first half of 2022, the Chinese manufacturer will supply the company with 78 thousand sets of equipment with a total value of $879.1 million. The shipment will be divided into 6 equal parts of 13 thousand machines, which will be delivered every month from July to December.

By the beginning of 2023, the deal will increase the company’s hashrate by 23.3 EH/, or 7 times compared to the current figure, and the total number of ASICs to 199 thousand. CurrentlyMarathon is one of the largest and fastest growing miners in the world. In 2020, the company mined 338 BTC, and in 2021 – already more than 3000 BTC.

According to Marathon CEO Fred Thiel, the order was the largest Bitmain ever received for the Antminer S-19 XP.

After China launched a campaign to combatmining industry, you are the leaders in the United States, which now account for about 35% of the world's bitcoin hash rate. Most likely, next year, the United States will strengthen its position in the market, since American companies have already signed contracts for the supply of 970 thousand new ASICs for 2022.

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