Gryphon Digital Mining to Purchase 7.2K S19J Professional Antminers From Bitmain for $48M

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Bitcoin mining firm Gryphon Digital Mining has signed an settlement to buy 7,200 Antminer S19J Professional mining machines from Bitmain Applied sciences for $48 million.

  • Gryphon Mining stated Bitmain is scheduled to ship 600 miners month-to-month with the primary supply beginning subsequent month.
  • The S19J Professional Antminer has a most hashrate of 100 TH/s mixed, with an vitality effectivity ratio of 29.5 J/TH, and an anticipated life cycle of over 5 years.
  • Most not too long ago, Gryphon Mining entered right into a merger settlement with Nasdaq-listed Sphere 3D (NASDAQ: ANY), a knowledge administration firm.

Learn extra: Gryphon Digital Mining to Change into Publicly Traded on Nasdaq By way of Merger With Sphere 3D

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