Purchased 1,660 Bitmain S-19 Pro miners
Company: Marathon Digital
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
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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”