. This selected batch of the newest release of Bitcoin mining hardware was designed to achieve market leading environmental performance through best in class energy efficiency as well as a carbon offset program to neutralize emissions from the manufacturing process and the first year of operation.
Crusoe’s selection for the first production allocations of the ANTMINER S19 XP 140TH, Bitmain’s most powerful ASIC to date, was announced at the World Digital Mining Summit held in Dubai today when Bitmain publicly announced the new model ANTMINER S19 XP 140TH.
We believe mining can be leveraged as a tool to help reduce emissions and also accelerate the energy transition, providing critical infrastructure for both the bitcoin network and the future of energy infrastructure.
The company’s patented Digital Flare Mitigation® technology provides an emission reduction solution by utilizing otherwise wasted flare gas, one of the largest sources of emission from oil production, to power mining operations onsite.
Irene Gao, Bitmain BD Director of NCSA Region said, “After many years of strategic and long standing partnership, Bitmain is proud to deliver Crusoe early access to the ANTMINER S19 XP, our most energy efficient, powerful and carbon mitigated systems ever.
As data centers consume an exponentially growing power footprint to deliver technology to all connected devices, we are inspired by making sure that the energy meeting that demand is sourced in an environmentally responsible fashion.
Bitmain leads the industry in the production of integrated circuits for cryptocurrency mining, as well as mining hardware under the ANTMINER brand.