Chinese Crypto Miner The9 Expands in US With Compute North Deal

The9 has signed a 32 megawatt (MW) mining capacity deal with Compute North to deploy 10,000 miners in the U.S.

  • The high-end S19j miners will be online starting from the second quarter of 2022, the Shanghai, China-based miner said in a statement.
  • The company also plans to add 14,000 miners with other hosting partners in countries including Canada, starting in December.
  • With all 24,000 miners online, the company expects to have a hash rate of 2,160 PH/s.
  • The move is the latest in the “great migration” of China-based crypto mining companies moving into other regions, particularly North America.
  • On Oct. 19, Singapore-based miner, Atlas Mining signed a 100-megawatt deal with Compute North to expand its U.S. mining operations.

Read more: Go West, Bitcoin! Unpacking the Great Hashrate Migration