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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.

By Tanzeel Akhtar
AccessTimeIconJul 8, 2021 at 6:35 p.m. UTC
Updated Dec 6, 2022 at 8:22 p.m. UTC
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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

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Tanzeel Akhtar
Tanzeel Akhtar

Tanzeel Akhtar is a reporter based in London,UK.

Follow @Tanzeel_Akhtar on Twitter

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