Bitcoin mining firm Marathon orders nearly $900 million worth of new machines (via Yogita_Khatri5)
has been disclosed on Tuesday. The order includes 78,000 units of Bitmain's Antminer S-19 XP mining machines, to be delivered through 2022.
Marathon will pay Bitmain in batches as well."35% of the total amount within two days of execution of the purchase contract, 35% of each single shipment price at least six months prior to each such shipment, and the remaining 30% of each single shipment price at least one month prior to each such shipment," said Marathon.
"This growth represents more than a 600% increase from our current hash rate and a 75% increase from our prior projection of 13.3 EH/s by the middle of 2022," he added.
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