Antminer S19, Antminer S19 Pro, ASIC, Bitmain, China, Core Scientific, crypto mining, cryptocurrency mining hardware, Kevin Turner, mining hardware, US

A major North American blockchain hosting provider announced its expansion by ordering over 58,000 additional S19 Series Antminers, as part of an agreement arranged with the Chinese mining hardware manufacturer.

US Contract Miner Core Scientific Arranges Purchase of Over 58,000 Bitmain S19 Antminers

According to the announcement, Bitmain’s deal expects to facilitate Core Scientific customers’ purchases through September 2021.

The purchase agreement will bring total purchases to 76,024 next-generation bitcoin (BTC) miners, the S19 and S19 Pro Antminers for the past 16 months, and Core Scientific claims that it makes them the largest provider of hosting services in North America.

By bringing the latest Bitmain’s digital mining machines, Core Scientific also aims to expand its operational fleet of 19 Series computational power hosted with Core Scientific to 7.26 exahash.

Kevin Turner, CEO and president of Core Scientific, commented on the deal with Bitmain:

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.

What do you think about Core Scientific’s most-recent deal with Bitmain? Let us know in the comments section below.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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