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Purchased 1,660 Bitmain S-19 Pro miners

Company: Marathon Digital

Subject kind
acquisition
Statement date
2020-08-13
Promised amount
4200000.0 USD
Current status
stated

The claim, verbatim

Purchased 660 S-19 Pro miners on May 12, 2020, 500 units on May 18, 2020, and 500 additional units on June 11, 2020 for total payments of approximately $4.2 million in Q2 2020

Source (primary)

Marathon Digital 10-Q filed 2020-08-14 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “The Company purchased 660 latest generation Bitmain S19 Pro Miners on May 12, 2020, 500 units on May 18, 2020 and an additional 500 units on June 11, 2020. These miners produce 110 TH/s and will generate 73 PH/s (petahash) of hashing power, compared to the Company's S-9 production of 46 PH/s. The Company made the payments of approximately $4.2 million in the second quarter of 2020”

How we checked this

Checked on September 23, 2026. The cited source supports every part of this claim.

The 10-Q lists each purchase date and quantity and the roughly $4.2 million paid in Q2 2020.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315220015625/form10-q.htm) in full (72,013 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Marathon Digital 10-Q filed 2020-08-14

Quote: “The Company purchased 660 latest generation Bitmain S19 Pro Miners on May 12, 2020, 500 units on May 18, 2020 and an additional 500 units on June 11, 2020. These miners produce 110 TH/s and will generate 73 PH/s (petahash) of hashing power, compared to the Company's S-9 production of 46 PH/s. The Company made the payments of approximately $4.2 million in the second quarter of 2020”

View cached copy (2026-09-13)Live source ↗