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.

Jul 8, 2021 at 6:35 p.m. UTC
Updated Oct 8, 2021 at 9:55 p.m. UTC

Tanzeel Akhtar is a CoinDesk news reporter based in London, UK

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.
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Tanzeel Akhtar is a CoinDesk news reporter based in London, UK

Tanzeel Akhtar is a CoinDesk news reporter based in London, UK

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