Bitmain S-19 Pro Contract - August 2020
Company: Marathon Digital
What the later record shows
Delivered on time · happened June 30, 2021
The 2021 10-K says Bitmain delivered on the January–June 2021 schedule. It also says all 10,500 units had been received by December 31, 2021.
“Subject to the timely payment of the purchase price, Bitmain delivered products according to the following schedule: 1,500 units on or before January 31, 2021”
2022-03-09 · Marathon Digital 10-K filed 2022-03-10 View cached copy (2026-09-13)Live source ↗
“As of December 31, 2021, the Company has paid the entire purchase price under this agreement and has received 10,500 units from Bitmain.”
2022-03-09 · Marathon Digital 10-K filed 2022-03-10 View cached copy (2026-09-13)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
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
Checked on October 11, 2026. The cited source supports every part of this claim.
The 10-K states the quantity, the January-June 2021 delivery schedule, and the $24,801,000 gross price discounted to $23,159,174. It also notes a later discount that brought the amount due to $22,660,673.
Confirmed in the source:
- Marathon contracted with Bitmain on August 13, 2020 to purchase 10,500 Antminer S-19 Pro miners
- Deliveries were scheduled from January through June 2021
- The gross purchase price of $24,801,000 was discounted to $23,159,174
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315222006446/form10-k.htm) in full (385,382 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
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.”