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Core Scientific purchased 6,000 ASIC miners from Canaan

Chinese mining equipment manufacturer Canaan Creative will supply 6,000 units of Avalonminer A1246 to US blockchain hosting provider Core Scientific.

According to the press release, deliveries will begin in March 2021 and be completed within three months.

Core Scientific bought this batch of ASIC miners for the benefit of one of the main hosting customers.

The Chinese company introduced the Avalonminer A1246 in the third quarter of 2020. The device provides a hash rate of 90 TH / s with an energy efficiency of 38 J / TH, which is close to the performance of the flagships from Bitmain and MicroBT.

“The massive adoption of digital asset investments is growing exponentially, with large public companies and financial institutions striving to enter the sector at an accelerated pace. We are expanding our rapidly growing fleet to meet demand, ”said Kevin Turner, President and CEO of Core Scientific.

In December, the firm acquired over 58,000 Antminer S19 units from Bitmain, with delivery to be completed by September 2021.

Earlier, the Canadian mining firm HIVE Blockchain Technologies bought 6400 Avalonminer A1246 miners from Canaan. The company will receive them in eight monthly installments starting in May. The contract will end in December 2021.

In January, Canaan introduced the Avalon A1066I immersion cooling miner.

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