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Chinese Crypto Miner The9 Expands in US With Compute North Deal
The company also plans to add 14,000 miners with other hosting partners in countries including Canada.
By Aoyon Ashraf
Updated May 11, 2023, 7:01 p.m. Published Nov 12, 2021, 9:23 p.m.
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The9 has signed a 32 megawatt (MW) mining capacity deal with Compute North to deploy 10,000 miners in the U.S.
- The high-end S19j miners will be online in the second quarter of 2022, the Shanghai, China-based miner said in a statement.
- The company also plans to add 14,000 miners with other hosting partners in countries including Canada, starting in December.
- With all 24,000 miners online, the company expects to have a hash rate of 2,160 petahash per second (PH/s).
- The move is the latest in the “great migration” of China-based crypto mining companies moving into other regions, particularly North America.
- On Oct. 19, Singapore-based miner Atlas Mining signed a 100-megawatt deal with Compute North to expand its U.S. mining operations.
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Read more: Go West, Bitcoin! Unpacking the Great Hashrate Migration
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