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Press release
PRESS RELEASE. Irvine, CA, January 21, 2022: Merkle Standard, a sustainable digital asset mining platform, announced a new miner order form from Bitmain Technologies Limited. The signed purchase agreement covers 13,500 mining rigs from leading mining manufacturer ASIC and aligns with Merkle Standard’s goal of becoming the most efficient and durable miner in the industry.
The acquisition of the miners consists of 6,000 latest generation BITMAIN S19 XP machines which offer a hash rate of 140 TH/s and a power efficiency of 21.5 J/TH which significantly improves its operating capacity. The purchase order provides for a monthly allocation to be delivered from July to December 2022.
Merkle Standard’s new purchase also includes 7,500 BITMAIN S19J Pro, a high-performance miner that generates a maximum hash rate of 100 TH/s and will ship from July 2022 to September 2022. The miners will then be deployed on the flagship of 225 Company MW. site in eastern Washington.
“This purchase from our strategic partner, BITMAIN, reflects Merkle Standard’s commitment to becoming one of the most efficient and sustainable miners,” said Ruslan Zinurov, CEO of Merkle Standard.
This Washington facility is key to Merkle Standard’s vision of building energy infrastructure and mission to become one of the largest mining platforms in North America.
“Our growing strategic partnership with Merkle Standard reflects the company’s continued success and how it is positioning itself to become a market leader by leveraging BITMAIN’s latest bitcoin mining technology. Acquiring powerful new machines will take the business to greater heights and solidify its growth in this digital era,” says Irene Gao of BITMAIN.
Together with the purchase of the ASIC miners, this will ensure the company’s ability to increase its hash rate to an average efficiency of 25.5 W/TH. This new purchase will show the company’s commitment to being a market leader in the most efficient and sustainable way, backed by the power of digital currency.
About the Merkle Standard
Merkle Standard is a leading digital asset mining company focused on developing North America’s most efficient vertically integrated self-mining rig with a negative carbon footprint. The company’s flagship mining facility includes 225 MW of electrical infrastructure, with expansion capabilities up to 500 MW. Merkle Standard management has over 18 years of experience exploring digital assets.
This is a press release. Readers should exercise due diligence before taking any action related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Media Bitcoin.com
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