Crypto Miner Merkle Among First to Get Bitmain’s Newest Liquid Cooling Mining Rigs

Merkle will receive 4,449 S19 Pro+ Hydro’s from Bitmain in May.

AccessTimeIconFeb 4, 2022 at 11:07 p.m. UTC
Updated Apr 10, 2024 at 2:08 a.m. UTC

Privately held miner Merkle Standard will be one of the first crypto miners in the U.S. to get Bitmain’s newest mining rig, the S19 Pro+ Hydro, which uses liquid cooling technology. The new cooling technology can reduce heat, power consumption and noise, as well as extend the lifespan of the machines.

California-based Merkle has signed a deal with Bitmain, one of the world’s largest bitcoin mining rig manufacturers, to get a shipment of 4,449 of the newest mining computers in May, and expects the machines to add about 840 petahash per second (PH/s) of mining power to the company, according to a statement shared exclusively with CoinDesk.

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  • The S19 Pro+ Hydro miners were unveiled on Jan. 17, and have the most mining power among Bitmain’s current offering of specialized bitcoin mining rigs known as ASICs.

    “This order is a major milestone in the exponential growth of Merkle Standard and our partnership with Bitmain signifies our mission to develop sustainable and efficient operations, prioritizing the acquisition of high performing machines and embracing the latest technologies manufactured by our strategic partner Bitmain,” said Ruslan Zinurov, CEO of Merkle Standard in a statement.

    Merkle previously said on Jan. 21 that it had executed a purchase agreement with Bitmain for 13,500 ASIC miners, consisting of both S19 XP and S19J Pro mining rigs.

    Merkle will deploy all the Bitmain miners at its flagship data center in Eastern Washington, which has 225 megawatt (MW) capacity, with potential expansion capabilities up to 500 MW. The miner expects to be net carbon negative and reach 4.6 exahash per second (EH/s) of mining power by the end of this year.

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    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Aoyon Ashraf

    Aoyon Ashraf is managing editor with more than a decade of experience in covering equity markets


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