Marathon Digital Expands Bitcoin Mining Capacity with New Machines from Bitmain

​Marathon Digital, a North America's public traded self-mining company, announced that it has increased its Bitcoin mining capacity with the purchase of additional 30,000 Antminer S19j Pro (100 TH/s) miners from Bitmain.

The mining company mentioned that the newly purchased machines will increase the company's overall mining operations to consist of more than 133,000 Bitcoin miners, producing approximately 13.3 EH/s once all miners are fully deployed and operational.

Marathon anticipates all 30,000 newly purchased miners to ship from Bitmain between January 2022 and June 2022. And if all of these miners were deployed today, the company's hash rate would represent approximately 12% of the Bitcoin network's total hash rate, which was approximately 109 EH/s as of August 1, 2021.

“With this new order, we are growing our operations by 30% to approximately 133,000 miners, producing 13.3 EH/s. As a result, once all miners are fully deployed, our mining operations will be among the largest, not just in North America, but globally,” said Fred Thiel, Marathon’s CEO.

“We’d like to thank the team at Bitmain for expediting this order as we work to further scale our operations and establish Marathon as one of the leading Bitcoin miners in North America,”Thiel added.