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Bitcoin mining firm Marathon orders nearly $900M worth of new machines

Marathon Digital Holdings, a Nasdaq-listed bitcoin mining company based in Las Vegas, has ordered new machines worth $879.06 million. The order was announced last week, but its purchase price has been disclosed on Tuesday. The order includes 78,000 units of Bitmain’s Antminer S-19 XP mining machines, to be delivered through 2022. The dispatch is divided into six batches, with 13,000 units to be delivered each month from July to December 2022. Marathon will pay Bitmain in batches as well. “35% …