Sustainable Bitcoin Miner, Merkle Standard Buys 13,500 BITMAIN Mining Rigs for Eastern Washington Flagship Site

3 years ago

press release

PRESS RELEASE. Irvine, California, January 21, 2022: Merkle Standard, a sustainable integer plus mining platform, announced a caller miner acquisition bid from Bitmain Technologies Limited. The executed acquisition statement is for 13,500 mining rigs from the starring ASIC mining shaper and aligns with Merkle Standard’s extremity of becoming the industry’s astir businesslike and sustainable miner.

The acquisition of the miners consists of 6,000 latest procreation BITMAIN S19 XP machines which boast a hash complaint of 140 TH/s and 21.5J/TH powerfulness ratio that importantly improves its operating capability. The acquisition bid provides for a monthly allotment to beryllium delivered from July to December of 2022.

The caller acquisition of Merkle Standard besides includes 7,500 BITMAIN S19J Pro, a precocious performing miner that generates a maximum hash complaint of 100 TH/s and volition beryllium shipped July 2022 to September 2022. The miners volition past beryllium deployed astatine the company’s 225 MW flagship tract successful Eastern Washington.

“This acquisition from our strategical partner, BITMAIN, reflects Merkle Standard’s committedness to becoming 1 of the astir businesslike and sustainably focused miners,” said Ruslan Zinurov, CEO of Merkle Standard.

This Washington installation is the cardinal to the imaginativeness of gathering a powerfulness infrastructure and to thrust Merkle Standard’s ngo of becoming 1 of North America’s largest mining platforms.

Our increasing strategical concern with Merkle Standard reflects the continued occurrence of the institution and however it positions itself to go a marketplace person by leveraging BITMAIN’s latest Bitcoin mining technology. The acquisition of caller and almighty machines volition pb the institution into greater heights and solidify its maturation successful this integer era”, says Irene Gao from BITMAIN.

With the acquisition of the ASIC miners, it volition warrant the quality of the institution to turn its hash complaint astatine an mean ratio of 25.5 W/TH. This caller acquisition volition showcase the committedness of the institution to beryllium a marketplace person successful the astir businesslike and sustainable way, backed by the powerfulness of integer currency.

About Merkle Standard

Merkle Standard is simply a premier integer plus mining institution with a chiseled absorption connected processing North America’s astir businesslike vertically integrated self-mining level with a antagonistic c footprint. The company’s flagship mining installation features 225 MW of powerfulness infrastructure, with enlargement capabilities up to 500 MW. Merkle Standard’s absorption has implicit 18 years of integer plus mining experience.


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