A principal player in North America’s Bitcoin mining sector just inked a deal for a mammoth import of next generation mining equipment from Malaysia, a move in step with other North American mining companies which are scaling operations to compete with their Chinese counterparts.
Core Scientific has purchased some 17,595 Antminer s19s from Bitmain. Some of the new, best-in-class machines have already been installed in Core Scientific’s data centers, while the rest will come online between now and the end of September. According to the mining firm, this represents the largest shipment of Antminer s19s to the United States, as COVID-19 interrupted supply chains for the newly-introduced model in Q1 of 2020.
The deal has been in the works since the beginning of 2020, valued at over $30 Million USD is one of the largest Antminer sales in the US this year.
The company operates five mining farms, four of which are split evenly between North Carolina and Georgia and one which resides in Kentucky. Between the five of them, these data centers can juice roughly 381 MW of power to run their machines, and Core Scientific Chief Customer Success Officer Russell Cann said that they have “the infrastructure to quickly expand to 450MW of power at [their] current locations.”
Most of this power comes from coal and natural gas, I was told, and Core Scientific claims to operate “46% carbon free.”