US Blockchain Provider Buys 17K Mining Rigs for Bitcoin
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28 June
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Based in the US blockchain hosting provider Core Scientific has announced it purchased 17,595 units of bitcoin mining machines from Bitmain due to its own operating needs.

The purchase, according to Core Scientific, has made it the largest one in terms of purchased mining machines by a single blockchain hosting company.

The company has purchased the S19 Antminers, Bitmain’s newest flagship model of digital mining machines.

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According to an official press release, Core Scientific will deploy over 17,000 rigs across its 655,000 square feet of data centers located in the United States over the next four months.

Core Scientific President & CEO Kevin Turner says the company has begun testing the first of Bitmain’s newest ASIC miners, and has seen material success in increasing existing hashrate to achieve a 110 TH/s ± 3%.

"With market-beating long-term power contracts in place and the most powerful miners ready to be deployed at a moment’s notice, Core Scientific is well-positioned to facilitate our clients’ digital mining needs at a considerably faster pace than the competition," Turner added.

iHodl reported that the Chinese crypto mining giant recently rolled out its new ASIC device Antminer T19 for mining cryptocurrencies based on the SHA256 algorithm, including bitcoin (EXANTE: Bitcoin).

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The Antminer T19 is the third member of the company's latest line of miners. It reaches a hashrate of 84 TH/s ± 3% with a power consumption of 3,150 watts.

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