# Marathon Patent Group signs $23M contract with Bitmain for 10,500 miners

Marathon Patent Group entered into a long-term purchase contract with Bitmain to buy 10,500 Antminer S-19 Pro ASIC miners for $23 million, with delivery and installation expected to boost its mining operations to 13,520 miners and 1.55 Exahash.

- Type: Contract
- Announced: 2020-08-14
- Where: Las Vegas, Nevada, United States
- Value: $23.0M
- Status: announced
- Capacity: 1.55 Exahash (1,555 PH/s)
- Products: Antminer S-19 Pro ASIC miners
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Bitmain](https://endata.com/companies/40928.md) (supplier)
- [Marathon Patent Group](https://endata.com/companies/49135.md) (customer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2020/08/14/2078514/0/en/marathon-patent-group-announces-23-million-contract-with-bitmain-to-purchase-10-500-s-19-pro-miners.html), 2020-08-14: "The execution of this contract with Bitmain represents a milestone event for our company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.