PRESS RELEASE. Irvine, California, January 21, 2022: Merkle Standard, a sustainable digital asset mining platform, introduced a brand new miner buy order from Bitmain Technologies Limited. The executed buy settlement is for 13,500 mining rigs from the main ASIC mining producer and aligns with Merkle Standard’s purpose of changing into the trade’s most effective and sustainable miner.
The acquisition of the miners consists of 6,000 newest era BITMAIN S19 XP machines which boast a hash price of 140 TH/s and 21.5J/TH energy effectivity that considerably improves its working functionality. The buy order supplies for a month-to-month allotment to be delivered from July to December of 2022.
The new buy of Merkle Standard additionally consists of 7,500 BITMAIN S19J Pro, a excessive performing miner that generates a most hash price of 100 TH/s and shall be shipped July 2022 to September 2022. The miners will then be deployed on the firm’s 225 MW flagship website in Eastern Washington.
“This buy from our strategic companion, BITMAIN, displays Merkle Standard’s dedication to changing into one of the crucial environment friendly and sustainably targeted miners,” mentioned Ruslan Zinurov, CEO of Merkle Standard.
This Washington facility is the important thing to the imaginative and prescient of constructing an influence infrastructure and to drive Merkle Standard’s mission of changing into one among North America’s largest mining platforms.
“Our rising strategic partnership with Merkle Standard displays the continued success of the corporate and the way it positions itself to develop into a market chief by leveraging BITMAIN’s newest Bitcoin mining expertise. The acquisition of recent and highly effective machines will lead the corporate into higher heights and solidify its development on this digital period”, says Irene Gao from BITMAIN.
With the acquisition of the ASIC miners, it is going to assure the flexibility of the corporate to develop its hash price at a mean effectivity of 25.5 W/TH. This new buy will showcase the dedication of the corporate to be a market chief in probably the most environment friendly and sustainable manner, backed by the ability of digital forex.
About Merkle Standard
Merkle Standard is a premier digital asset mining firm with a definite give attention to creating North America’s most effective vertically built-in self-mining platform with a detrimental carbon footprint. The firm’s flagship mining facility options 225 MW of energy infrastructure, with growth capabilities as much as 500 MW. Merkle Standard’s administration has over 18 years of digital asset mining expertise.
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