{"id":81820,"date":"2023-07-17T18:28:12","date_gmt":"2023-07-17T15:28:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=81820"},"modified":"2025-09-12T01:21:27","modified_gmt":"2025-09-11T22:21:27","slug":"meten-holding-buys-200-bitcoin-miners-for-880000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/meten-holding-buys-200-bitcoin-miners-for-880000\/","title":{"rendered":"Meten Holding buys 200 Bitcoin miners for $880,000"},"content":{"rendered":"

The Nasdaq-listed Meten Holding announced the purchase of 200 Antminer S19j Pro ASIC miners. As stated<\/a> in the press release.<\/p>\n

The deal was paid for with METX stock worth $880,000. The devices are to be delivered and connected by July 31, 2023.<\/p>\n

To date, Meten Holding has deployed 1,754 miners. With the addition of the new machines, the company’s hash rate will exceed 208 PH\/s. The firm noted that it will continue to expand its cryptocurrency business, as mining will \u201cprovide financial stability and long-term growth.\u201d<\/p>\n

\n

\u201cThanks to recent purchases and our plan to further increase the number of [ASIC miners], we aim to continue improving our financial position as well as maximize value for our shareholders,\u201d said Alan Peng, Chief Executive Officer of Meten Holding Group.<\/p>\n<\/blockquote>\n

Earlier, the American CleanSpark bought 45,000 devices<\/a> for Bitcoin mining with Antminer S19 XP at a total cost of $144.9 million. Previously, the firm acquired<\/a> 20,000 Antminer S19j Pro+ units.<\/p>\n

Earlier, JPMorgan analysts described the upcoming halving<\/a> in the Bitcoin network as a pivotal test<\/a> for miners due to lower block rewards and higher costs.<\/p>\n

In the second half of June, industry participants sent more than $1 billion<\/a> worth of Bitcoin to exchanges, while setting daily inflow record<\/a> for the asset.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Nasdaq-listed Meten Holding announced the purchase of 200 Antminer S19j Pro ASIC miners.<\/p>\n","protected":false},"author":1,"featured_media":81821,"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],"class_list":["post-81820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81820","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=81820"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81820\/revisions"}],"predecessor-version":[{"id":81822,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81820\/revisions\/81822"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/81821"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=81820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=81820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=81820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}