Bitcoin mining firm Marathon orders nearly $900M worth of new machines

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

BULLISH! 🤩 mtn/btc 🚀🚀🚀🚀🚀🚀🚀🚀🚀medical_chain Huobi Gateio 🐳🐳🐳🐳🐳🐳🐳

This is exactly what is wrong with Bitcoin. Its hashpower increasingly centralizes over time. It's why Bitcoin isn't the long-term solution, unfortunately.

for a bearmarket interesting probs needed to increase costs (tax reasons)

they'll go broke

Yogita_Khatri5 Punk them by telling them Bitcoin is moving to PoS in June 2022, maybe? All is not lost however, they can still participate by using these rigs as over-specced validation nodes…

Yogita_Khatri5 Buy SHIB 🐾 Bitcoin

WuBlockchain Yogita_Khatri5 WeAreBeasties

WuBlockchain Yogita_Khatri5 WeAreBeasties

Yogita_Khatri5 More e-waste and environmental fuckup. Great!

Yogita_Khatri5 dude... hashrate is high enough. better spent that dash to pump bags

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

HP-Branded Servers Hijacked to Mine $110,000 Worth of Cryptocurrency – Bitcoin NewsThis allowed the attackers to rake in more than $110,000 worth of raptoreum in the period between December 9 and December 17, leveraging the Log4shell vulnerability. SHIB If you're such a massive corporation and can't protect yourself, this is on you
Source: BTCTN - 🏆 531. / 51 Read more »

Tokenized Bitcoin in Circulation Nears a Half Million BTC, Bitcoin-Pegged Token Value Exceeds $21 Billion – Blockchain Bitcoin NewsOn December 28, there’s 434,265.43 bitcoin-pegged or wrapped bitcoin tokens worth more than $21.3 billion across several blockchains. Bitcoin has AGAIN dipped deeper into the old resistance area of $48k in an effort to flip it into a new support area hopefully before new year 72_gbt is a super underrated Bitcoiner I've been taking her tweets and tips seriously & I've been doing superb. Follow her. I have a big secret :-D I am your 1 fan!!
Source: BTCTN - 🏆 531. / 51 Read more »

Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High – Mining Bitcoin NewsFor the first time, statistics within the six-month range indicate Ethereum’s hashrate surpassed 1 petahash per second (PH/s). CryptoMining ETH 2.0, after the official application will be the glory period of ETH, when the fuel cost will be lowered even more Suggestions for opening positions: Short BTC Opening price: 50000 Take Profit: 48500 Position: 5% Leverage: 20X Stop loss: 50500 I never believed in Bitcoin i never also thought of meeting a legit bitcoin trader, but heaven sent Eden_sbe guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet him now and also be a beneficiary of good work
Source: BTCTN - 🏆 531. / 51 Read more »

75,615 Bitcoins Wired by Anonymous Wallets as BTC Dives Below $50,000According to recent data from a major DLT tracker, anonymous whales have shifted almost $4 billion worth of Bitcoin while the king crypto dived below the $50,000 level
Source: Utoday_en - 🏆 295. / 63 Read more »

Crypto Futures See $300M in Losses After Spot Market DropsNearly 80% of long crypto futures positions were liquidated over 24 hours with $90 million in losses on bitcoin futures alone, By shauryamalwa shauryamalwa Hey Everyone, Who among you here wanted to received Free Token daily? Have a look with RubyPlayNetwork through Spin2win game, You will have a chance to win daily Ruby Token and NFTs. The best PlayToEarn in BSC Network so far. shauryamalwa 🙂 sob chor ho sale shauryamalwa elon to mars! dogelon dogelononFTX dogelononcoinbase
Source: CoinDesk - 🏆 291. / 63 Read more »

First Mover Asia: Bitcoin Continues Its Low-Volume Rally Before Tapering OffThe sovereign supply of bitcoin – total coins held outside of exchange reserves – hit an all-time high, blockchain data firm Glassnode reported; ether falls slightly. MuyaoShen JPRubin23 BabyDogeCoin MuyaoShen JPRubin23 gonna be next big thing MuyaoShen JPRubin23 🔥🔥 LETS SPREAD POSITIVE VIBES !! Co-own the world's 1st 🏝 Decentralized private Island 🏝 ✅ Small MC ✅ Being incorporated ✅ Tokenomics ✅ AMA's from the Bahama's ✅ Doxxed Team JOIN NOW!!Telegram -
Source: CoinDesk - 🏆 291. / 63 Read more »