Marathon will purchase 78,000 Bitmain S19 XP miners for US$879 million

According to reports, on December 21, Bitcoin mining company Marathon signed a contract with Bitmain to purchase an additional 78,000 Antminer S-19 XP miners, of which 13,000 will be delivered in the second half of 2022. The purchase price is 879,060,000 (approximately 879 million) US dollars, and 35% of the total amount must be paid within two days of the execution of the purchase contract, and 35% of the price of every single shipment shall be paid at least six months before each shipment. The remaining 30% of the price of every single shipment shall be paid at least one month before the first shipment.