Genesis Digital Assets To Buy Up To 200,000 Bitcoin Miners In Largest Mining Sale Ever

Canaan, a lead supercomputing service provider and inventor of the first ASIC Bitcoin miner, announced that they have secured an option to sell 200,000 Bitcoin miners to Genesis Digital Assets. If executed this would be the largest Bitcoin mining machine sale ever made.

Genesis Digital has previously purchased over $93 million of Canaan’s mining machines. Included in the renewed partnership deal was the sale of an initial 20,000 mining machines, which included the purchase option of up to an additional 180,000 machines.