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Antminer S19, Antminer S19 Pro, ASIC, Bitmain, China, Core Scientific, crypto mining, cryptocurrency mining hardware, Kevin Turner, mining hardware, United States
A major North American blockchain hosting provider announced its expansion plan, ordering more than 58,000 S19 series ant mining machines as part of an agreement with a Chinese mining hardware manufacturer.
According to the announcement, Bitmain’s transaction is expected to facilitate the purchase of Core Scientific customers by September 2021.
This purchase agreement will result in the purchase of a total of 76,024 next-generation Bitcoin (BTC) miners, S19 and S19 Pro Antminers, in the past 16 months, which Core Scientific claims makes them the largest hosting service provider in North America.
By introducing the latest Bitmain digital mining machine, Core Scientific also aims to expand the operating fleet of the 19 series of computing capabilities hosted by Core Scientific to 7.26 exahash.
Core Scientific CEO and President Kevin Turner commented on the transaction with Bitmain:
I am very pleased to note that in Core Scientific’s facilities, there are already more than 17,000 Bitmain’s next-generation digital mining machines operating stably and efficiently. This helps us to compete head-to-head with global hash rates and strengthen our position as the largest hosting provider in North America.
Recently, Core Scientific was appointed as Bitmain’s only warranty repair center in North America because users no longer need to ship their hardware to Asia.
As early as December 14, 2020, the Chinese mining manufacturer launched the international version of AntSentry, which is their cloud operation and maintenance management system.
However, by the end of this year, the latest news was not so positive for Bitmain. According to the company’s lawyers during a live broadcast at the Beijing People’s Court, Bitmain lost approximately $60 million in 2019.
When four former employees had a dispute with Beijing Bitmain Technology Company, the court opened a hearing. They claimed that the company did not pay salaries and bonuses when dismissed.
What do you think of the recent deal between Core Scientific and Bitmain? Let us know in the comments section below.
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