$5.3B Asset Manager Invests in US-Hosted Antminer S19s

Cointelegraph

Published Jul 02, 2020 11:17PM ET

Updated Jul 03, 2020 01:00AM ET

United States-based crypto mining host Core Scientific has announced that the $5.3 billion asset manager and hedge fund Horizon Kinetics has upgraded its investment to access Bitmain’s news Antminer S19 and S19 Pro models.

The July 2 announcement comes less than two weeks after Core Scientific announced a record purchase of 17,595 units of latest mining machines — comprising the largest sum of Antminer S19s purchased by a single mining hosting company.so far.

Continue Reading on Coin Telegraph