Antminers definition
Examples of Antminers in a sentence
There has been no failure, breakdown or continued substandard performance of any Antminers that has caused a material disruption or interruption in or to the use of the Antminers or the related operation of the business of the Company or any of its Subsidiaries.
Except as would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect, the Antminers are maintained and in good working condition to perform all computing, information technology and data processing operations necessary for the operations of the Company and its Subsidiaries.
Except as would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, the Antminers are maintained and in good working condition to perform all computing, information technology and data processing operations necessary for the operations of the Company and its Subsidiaries.
Each container will be designed to hold and operate 280 S19 Pro Antminers manufactured by Bitmain within 5% of specifications.
Grantor desires to enter into this Agreement for the purpose of creating a security interest in favor of Secured Party, its successors, and assigns, in nineteen thousand three hundred eighty-nine (19,389) Pro Antminers, including: (a) all additions, replacements of and substitutions for all or any part of the foregoing property; (b) all records and data and embedded software relating to the foregoing property; and (c) all Proceeds thereof (collectively, the “Mining Collateral”).
On September 30, 2019, the Company consummated the purchase of 6000 S-9 Bitmain 13.5 TH/s Bitcoin Antminers (“Miners”) from SelectGreen Blockchain Ltd.
Section 3.27 of the ATL Disclosure Schedule provides a list of all Bitcoin Antminers owned by ATL as of the Closing Date, including each model name/number and a calculation of the total petahashes per second that can be processed.
The proceeds of the Loan will be used for expenses related to hosting and the acquisition of hosting infrastructure, including the purchase of approximately 11,100 Bitmain S21 Antminers from Bitmain LTD (the “Bitcoin Antminers”).
When the 300MW mining sites construction is fully completed, it could deploy approximately 70,000 S19 Antminers and accommodate about 7.5EH/s of hash power.
Esousa Group Holdings, LLC (“Esousa”), as collateral agent on behalf of Esousa and JADR Consulting Group Pty Ltd, shall have released its lien and security interest in 14,000 S19j Pro Antminers.