Marathon Digital commit whopping $879m to acquire more Bitcoin miners. In a sensational move for the mining industry, Marathon Digital Holdings (MARA) –
a leading commercial mining operation – has committed to purchasing 78,000 Antminer S19XP ASICs from the Chinese mining giant Bitmain Technologies.
Marathon had disclosed broad information about its purchase last week when it announced it had entered into an agreement with Bitmain to acquire a record number of bitcoin mining rigs.
The company hadn’t disclosed how many miners it had bought or their price at the time but details have now been shared in an SEC filing. The deal will add about 78,000 new Antminer S19 XP miners to Marathon’s fleet and cost $879,060,000.
