{"id":39249,"date":"2021-03-19T17:05:53","date_gmt":"2021-03-19T15:05:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=39249"},"modified":"2025-08-30T08:38:22","modified_gmt":"2025-08-30T05:38:22","slug":"the9-acquires-24000-asic-miners-from-bitmain","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/the9-acquires-24000-asic-miners-from-bitmain\/","title":{"rendered":"The9 acquires 24,000 ASIC miners from Bitmain"},"content":{"rendered":"<p>The Nasdaq-listed company The9 Ltd <a href=\"https:\/\/www.the9.com\/en\/newsListCon?id=526&#038;index=0\" target=\"_blank\" rel=\"nofollow noopener\">has signed<\/a> an agreement with Bitmain to purchase 24,000 Bitcoin miners of the Antminer S19j model. Deliveries are set to begin in November 2021.<\/p>\n<p><!--more--><\/p>\n<p>Journalist Colin Wu says that such a quantity of Bitcoin miners cost the company about $200 million.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The Chinese gaming company Ninth City bought 24,000 Bitmain\u2019s latest mining machines S19j, which may cost close to $200m. The mining machines will be delivered from November 2021. This shows that Chinese capital players are still optimistic about the trend of Bitcoin next year. <a href=\"https:\/\/t.co\/AVcQK6N8PN\">pic.twitter.com\/AVcQK6N8PN<\/a><\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1372863445041737732?ref_src=twsrc%5Etfw\">March 19, 2021<\/a><\/p>\n<\/blockquote>\n<blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n&#8220;This shows that Chinese capital market participants remain optimistic about Bitcoin&#8217;s trajectory next year,&#8221; the journalist wrote.<\/p>\n<\/blockquote>\n<p>S19j is Bitmain&#8217;s latest model with a hash rate of 90 TH\/s, introduced in February 2021. According to media reports from the company&#8217;s annual partner summit, the miner <a href=\"https:\/\/u1f987.com\/en\/news\/media-bitmain-outlines-terms-for-bitcoin-miner-sales\">will cost<\/a> buyers $8,370.<\/p>\n<p>In early January The9 <a href=\"https:\/\/u1f987.com\/en\/news\/the9-to-enter-mining-industry-as-shares-jump-140\">announced<\/a> its entry into the mining industry. Within two days of the announcement, the company&#8217;s shares jumped 140%.<\/p>\n<p>In late January The9 <a href=\"https:\/\/u1f987.com\/en\/news\/the9-buys-26007-asic-miners-shares-jump-20\">acquired<\/a> 26,007 ASIC miners. Much of the equipment has already been deployed in Xinjiang, Sichuan and Gansu.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nasdaq-listed company The9 Ltd has struck an agreement with Bitmain to purchase 24,000 Bitcoin miners of the Antminer S19j model. Deliveries are set to begin in November 2021.<\/p>\n","protected":false},"author":1,"featured_media":39250,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,2079],"class_list":["post-39249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-the9"],"aioseo_notices":[],"amp_enabled":true,"views":"29","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=39249"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39249\/revisions"}],"predecessor-version":[{"id":39251,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39249\/revisions\/39251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/39250"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=39249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=39249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=39249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}