Share this article
Gryphon Digital Mining to Buy 7.2K S19J Pro Antminers From Bitmain for $48M
Bitmain is scheduled to deliver 600 miners on a monthly basis, with the first delivery starting next month.
Updated Dec 6, 2022, 8:22 p.m. Published Jul 8, 2021, 6:35 p.m. 1 min read
Bitcoin mining company Gryphon Digital Mining has signed an agreement to purchase 7,200 Antminer S19J Pro mining machines from Bitmain Technologies for $48 million.
- Gryphon Mining said Bitmain is scheduled to deliver 600 miners monthly with the first delivery starting next month.
- The S19J Pro Antminer has a maximum hashrate of 100 TH/s combined, with an energy efficiency ratio of 29.5 J/TH, and an expected life cycle of over five years.
- Most recently, Gryphon Mining entered into a merger agreement with Nasdaq-listed Sphere 3D (NASDAQ: ANY), a data management company.
Read more: Gryphon Digital Mining to Become Publicly Traded on Nasdaq Via Merger With Sphere 3D
More For You
From May 20 to May 29, XRP funds took in $35 million while bitcoin and ether ETFs lost roughly $2 billion combined, with Ripple’s earlier reported XRP treasury plan still awaiting confirmation.
What to know:
- U.S.-listed spot XRP ETFs drew $11.88 million in net inflows on May 29, extending a week of gains even as bitcoin and ether funds saw continued redemptions.
- Total net assets in U.S. XRP ETFs now stand near $1.12 billion, with about $35 million added since May 20 while bitcoin and...
