Below the deal, the cryptocurrency miner stated it’ll obtain precedence entry to ePIC’s state-of-the-art ASIC mining machines and also will help within the growth and testing of future merchandise
() stated it has signed a business provide and collaboration cope with ePIC Blockchain Applied sciences which it stated will enable it to obtain precedence entry to state-of-the-art ASIC mining machines.
The cryptocurrency mining agency stated as a part of the deal it has dedicated to an preliminary buy of US$8mln of ePIC’s mining rigs and can have precedence on all future manufacturing runs of ePIC machines globally for 2021 and 2022. Supply of the machines will start early within the fourth quarter of this 12 months, whereas larger-scale supply will begin in 2022.
Argo additionally stated it’ll help within the growth and testing of future merchandise and shall be given the primary proper of refusal to buy further manufacturing. The corporate added that it’ll present area and capability at considered one of its amenities for ePIC’s analysis and innovation engineering groups for the event of future machines.
Based mostly in North America, ePIC has expertise in high-performance computing, parallel processing, and energy effectivity and has designed and delivered semiconductors for companies comparable to , Nintendo and Microsoft Corp ().
“This shall be a sport changer for Argo and ePIC. We’re excited with the synergy between our groups. With the experience of ePIC on the chip facet mixed with the mining capabilities of Argo, we really imagine this may allow us to be on the reducing fringe of mining, from chip to information centre,” Argo’s chief technical officer Perry Hothi stated in a press release.
“We’re actually enthusiastic about this settlement and dealing with ePIC, one of many business’s preeminent ASIC design companies. This partnership won’t solely give Argo precedence in accessing essentially the most superior mining infrastructure accessible, however it additionally highlights our popularity inside the sector as an progressive and forward-thinking cryptocurrency miner. By working with a world-class provider of ASICs on the growth and [research & development] part to collaboratively create machines to our personal specification, it’ll solely additional our technical capabilities and effectivity in our mining operations,” added Argo chief govt Peter Wall.