A prominent North American blockchain hosting company confirmed its extension by ordering over 58,000 additional S19 Series Antminers as part of a deal with the Chinese mining hardware manufacturer.
US Contract Miner Core Scientific Arranges Purchase of Over 58,000 Bitmain S19 Antminers
According to the announcement, the Bitmain contract is planned to enable the purchasing of Key Science customers by September 2021.
The purchasing arrangement would raise cumulative sales to 76,024 next-generation Bitcoin (BTC) miners, S19 and S19 Pro Antminers over the past 16 months, and Key Scientific statements that they are the biggest supplier of hosting services in North America.
By taking the new Bitmain digital mining machines, Core Scientific also aims to extend its 19-Series computing capacity fleet, hosted by Core Scientific, to 7.26 exahash.
Kevin Turner, CEO and President of Core Science, reflected on the Bitmain deal:
I am very pleased to note that over 17,000 of Bitmain’s new-gen digital mining machines have been stable and operating efficiently within Core Scientific’s facilities.
This is instrumental as we compete head-on for global hash rate and solidify our position as the largest hosting provider in North America.
Recently, Core Scientific was named Bitmain’s only in-warranty repair center in North America, as users won’t need anymore to ship their hardware to Asia.
Bitmain’s Recent News
Back on December 14, 2020, the Chinese mining manufacturer launched the international version of AntSentry, which is their cloud-operation and maintenance management system.
But the latest news has not been so positive at all for Bitmain at the end of the year.
According to the firm’s attorney during a live broadcast of a People’s Court in Beijing, it was revealed that Bitmain had a loss of around $60 million in 2019.
The court hearing happened in the midst of a dispute between four former employees with Beijing Bitmain Technology. They allege that the firm didn’t pay them compensation and bonus packages when laid off.