Press release
PRICE RELEASE Irvine, California. 21 January 2022Merkle Standard is a digital asset-mining platform that uses sustainable technology. Bitmain Technologies Limited has announced the new purchase of a miner. The executed purchase agreement is for 13,500 mining rigs from the leading ASIC mining manufacturer and aligns with Merkle Standard’s goal of becoming the industry’s most efficient and sustainable miner.
The miners were acquired from BITMAIN S19 XP, the latest generation of BITMAIN S19 XP. These machines boast a hashrate rate of 140 TH/s as well as 21.5J/TH efficiency which significantly enhances their operating capabilities. A monthly allocation will be made from July through December 2022 according to the purchase order.
Merkle Standard’s new acquisition also includes 7,500 BITMAIN S19JPro, a highly performing miner with a maximum hashrate of 100 TH/s. It will ship July 2022 through September 2022. The miners will then be deployed at the company’s 225 MW flagship site in Eastern Washington.
“This purchase from our strategic partner, BITMAIN, reflects Merkle Standard’s commitment to becoming one of the most efficient and sustainably focused miners,”Ruslan Zinurov is the CEO of Merkle Standard.
This Washington facility is the key to the vision of building a power infrastructure and to drive Merkle Standard’s mission of becoming one of North America’s largest mining platforms.
“Merkle Standard’s growing partnership with Merkle Standard is a testament to the company’s continued success and the way it can position itself as a leader in the market by using leverage. BITMAIN’s latest Bitcoin mining technology. The acquisition of new and powerful machines will lead the company into greater heights and solidify its growth in this digital era”,Irene Gao of BITMAIN.
The company will be able to increase its hashrate at an average efficiency 25.5 W/TH with the acquisition of ASIC miners. With the help of digital currency, this new purchase will show the company’s commitment to becoming a market leader.
About Merkle Standard
Merkle Standard is a premier digital asset mining company with a distinct focus on developing North America’s most efficient vertically integrated self-mining platform with a negative carbon footprint. The company’s flagship mining facility features 225 MW of power infrastructure, with expansion capabilities up to 500 MW. Merkle Standard’s management has over 18 years of digital asset mining experience.
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