What do you think about Marathon maxing out the Montana bitcoin mining operation

[Power]

On December 9, the Nasdaq-listed cryptocurrency mining company, Marathon Patent Group, announced the firm is purchasing 10,000 Antminer S-19j Pro units from the Chinese mining manufacturer Bitmain. According to Marathon, after the acquisition of next-generation bitcoin miners, the company will have an aggregate total of 33,560 ASIC miners with up to 3.56 exahash (EH/s) of hashpower.

Marathon Patent Group, Inc. (NASDAQ:MARA) has partnered with Bitmain once again to purchase another 10,000 application-specific integrated circuit (ASIC) bitcoin miners. In addition to the recent purchase, Marathon has noted it is also expanding operations and is currently working with the energy producer Beowulf Energy.

Marathon details that with Beowulf Energy’s help, it plans to open a new “renewable energy-powered data center in the northeastern United States.” According to the announcement, Beowulf plans to supply Marathon with a 100 (MW) megawatts of energy and the ability to upgrade to 250MW.

Marathon says that 6,000 S-19j Pro miners will be shipped in August 2021 and the latter 4,000 will be delivered to the firm’s Montana facility. After Bitmain completes the deal, Marathon’s Hardin Montana data house will be maxed out with a consumption level of 100MW.



By Jamie Redman

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