Core Scientific Buys Over 58,000 Bitmain S19 Antminers to Expand Its Hosting Fleet in North America

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:

I am very pleased to note that over 17,000 of Bitmain’s new-gen digital mining machines have been stable and operating efficiently within Core Scientific’s facilities. This is instrumental as we compete head-on for global hash rate and solidify our position as the largest hosting provider in North America.

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.