Marathon is expanded Miner Delivery contract with Compute North aims to supply more than 100,000 miners with renewable energies -
Marathon is expanded Miner Delivery contract with Compute North aims to supply more than 100,000 miners with renewable energies -
Marathon Digital Holdings, a Bitcoin mining company listed at the Nasdaq, has announced a new contract with Compute North, a data center service provider, to host more than 100,000 mining machines in its data centers. The deal is an expansion of an earlier deal that ensured the positioning of 73,000 mining machines in Texas. Now the new partnership is securing the hosting for all of these machines that are operated with renewable energies.
Marathon is expanded mining operation
Marathon, one of the largest Bitcoin mining companies in the USA, has announced It will expand its previous agreement with Compute North in order to host more than 100,000 miners in data centers across the country. The earlier agreement ensured the hosting for 73,000 miners in several data centers, which Compute North managed, an animal 0 service provider for data centers. The partnership also includes the installation, operation and provision of the existing and new mining facilities from Marathon.
With this partnership, Marathon will position all of its mining machines in the near future. The company bought 30,000 miners from Bitmain in August, and these miners will be delivered from next month- After that, Marathon will install you to start producing Bitcoin for the company.
Focus on eco-mining
The most important part of the agreement has to do with the origin of the electricity that will dine the miners in these data centers. The electricity will mainly come from renewable energies, including solar and wind farms. This will enable marathon to expand its hash power with the bought miners with sustainability as a primary goal. The mining inserts are carried out "behind the counter" to avoid problems in the various network connections near these data centers.
Fred Thiel, CEO of Marathon, explained:
Our mining company will not only be one of the largest in North America, but also among the most efficient and environmentally friendly. Since the primary energy provider is one of the largest producers of renewable energy from wind and solar energy in North America, we also have a clear way for further expansion.
Marathon further announced his intention, to spend changeable senior notes for $ 500 million in November, with the aim of buying more mining machines.
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