The firm entered into a sales agreement with strategic partner Bitmain Technologies Limited to buy a mix of its S19, S19 Pro, S19J, and S19J Pro Antminers hardware rigs.
New player Blockcap forecasts to deploy over 40,000 ASIC miners by the fourth quarter of 2021, according to reports.
By leveraging its newly assembled hashing power, the company expects to benefit from the economies of scale in purchasing equipment and managing energy cost to achieve higher returns.
Core Scientific is planning to increase current capacity by threefold by purchasing over 58,000 ASIC hardware miners from Bitmain.
Core Scientific will buy 17,595 units of Bitmain's S19 Antminer machines, to be delivered over the next four months.
Kristy Leigh Minehan explained to the Toronto crowd that BSV is giving miners a voice and giving them the right incentives.
Squire Mining Ltd. is pleased to announce that it has entered into a binding letter of intent to relocate 41,166 blockchain cloud computing units pursuant to a hosting agreement with Core Scientific Inc.