Category: Merkle Standard

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Bitcoin Mining Industry Reveals Mergers, Hashrate Increases, and New Facilities Amid Market Downturn

September 29, 2022

While bitcoin is down more than 72% from the crypto asset’s all-time high, bitcoin mining operations are expanding at a rapid pace during the downturn. On Tuesday, the bitcoin miner Cleanspark said its hashrate has surpassed 4 exahash per second (EH/s), and the Texas mining company Rhodium revealed it raised $11.9 million, according to a…
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Merkle Standard Chosen as Launch Customer, Orders 4,449 of Newest BITMAIN 188 TH/S S19 + “Hydro” Mining Rigs

February 10, 2022

PRESS RELEASE. (Irvine, February 9, 2022) – Sustainable Bitcoin mining company Merkle Standard has executed a purchase order for the high-performance, liquid-cooled mining rigs from Bitmain Technologies Ltd. The leading ASIC hardware provider will supply 4,449 of new S19 Pro + Hydro machines to Merkle Standard in May 2022 and is expected to be one…
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