Bitmain Facilitates Long-Term Partner Core Scientific Becoming the Largest Miner Hosting Provider in North America with over 58,000 additional S19 Series Antminers

76,024 S19 Series Antminers are Purchased by Core Scientific in the past 16 months

Hongkong, Dec. 18, 2020 – Bitmain – the world’s leading producer of cryptocurrency mining hardware, today announced a new purchase deal with Core Scientific, the largest blockchain hosting provider in North America. More than 58,000 additional S19 Series Antminers will be shipped to Core Scientific through September 2021, bringing the total purchase of Bitmain’s S19 Series to 76,024 in the past 16 months for the value of over 129 million USD.

Back in June this year, Core Scientific has bought 17,595 units of Bitmain’s next-gen Antminer 19 Series. Ever since then, the market demands for digital asset mining has been growing significantly and driving hosting service providers, such as Core Scientific, to expand their facilities. Bitmain’s S19 Series has been the top-selling mining machine in the global market ever since launched. With the custom-built 7nm chip from Bitmain, S19 Series has set a new industry standard and proven its stable yet efficient performances.

“Since our last purchase agreement with Bitmain in June, Core Scientific has witnessed surging demand from new and existing customers in addition to a significant uptick in institutional interest for digital asset mining in North America. I am very pleased to note that over 17,000 of Bitmain’s new-gen digital mining machines have been stable and operating efficiently within Core Scientific’s facilities. This is instrumental as we compete for head-on for global hash rate and solidify our position as the largest hosting provider in North America.” Said Kevin Turner, President, and CEO of Core Scientific.

“Core Scientific has been a long-time customer and friend to us. Together we have been driving the digital asset mining ecosystem in North America. This new purchase is another strong proof of their determination to take the game to the next level by facilitating more customers to participate in the mining market. We are honored and glad that our products can be part of it.” said Irene Gao, Antminer Sales Director of NCSA Region, Bitmain.

Earlier this year, Bitmain just announced to set the very first and only cooperative repair center in North America through a partnership with Core Scientific. Before that, Core Scientific cooperated with Bitmain to bring the very first Antminer Training Academy to North America last year.