Gryphon Digital Mining, Inc. announced on January 27, 2025, the acquisition of 1,900 S19JPro series machines from RepairBit LLC. This purchase was made at a 20% discount to market rates, as provided by Hashrate Index.
This acquisition will increase Gryphon's total mining fleet by approximately 22%, growing from 8,500 to 10,400 machines. The expansion strengthens the company's operational capacity and its position within the Bitcoin mining sector.
The new machines come with an extended warranty, contributing to the efficiency and reliability of Gryphon's mining operations. This move is part of the company's strategy to enhance its Bitcoin mining capabilities while pursuing its broader AI and HPC initiatives.
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