Marathon Digital to Expand Hashrate by 600% With Record Purchase of Bitcoin Miners

Marathon Digital to Expand Hashrate by 600% With Record Purchase of Bitcoin Miners
Marathon Digital is purchasing a record number of Antminer S19 XP (140 TH/s) bitcoin miners from Bitmain, the Nasdaq-traded MARA announced Thursday.Las Vegas-based Marathon did not disclose a total but claimed that in terms of exahashes per second (EX/s) the new machines will generate, the deal was the largest single order of Antminer S19 XP bitcoin miners ever from Bitmain.Following earlier purchases this year, Marathon expects to have 199,000 operational miners generating 23.3 EH/s by early 2023, a 600% hashrate increase from current levels, the company confirmed to CoinDesk.The fast-growing miner revised predictions from autumn when it expected to have…