Bitmain S-19 Pro Contract - August 2020
Company: Marathon Digital
The claim, verbatim
Company contracted to purchase 10,500 Antminer S-19 Pro miners with delivery Jan-Jun 2021 for $23,159,174 (discounted from $24,801,000)
Source (primary)
Marathon Digital 10-K filed 2022-03-10 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On August 13, 2020, the Company entered into a Long Term Purchase Contract with Bitmaintech PTE., LTD for the purchase of 10,500 next generation Antminer S-19 Pro ASIC Miners...total gross purchase price of $24,801,000 (with a 6.62% discount for a discounted price of $23,159,174). The parties confirm that the total hashrate of the Antminers under this agreement shall not be less than 1,155,000 TH/s.”
How we checked this
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Additional evidence
confirms Marathon Digital 10-K filed 2022-03-10
Quote: “On August 13, 2020, the Company entered into a Long Term Purchase Contract with Bitmaintech PTE., LTD for the purchase of 10,500 next generation Antminer S-19 Pro ASIC Miners...total gross purchase price of $24,801,000 (with a 6.62% discount for a discounted price of $23,159,174). The parties confirm that the total hashrate of the Antminers under this agreement shall not be less than 1,155,000 TH/s.”