MORE BTC.
LESS CARBON.
MERKLE STANDARD
Merkle Standard is committed to building North America's largest sustainable digital asset mining platform. With a specific focus on vertical-integration, the company has prioritized renewable energy at its developed sites.
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Projected
Total Hashrate
2022 YE
Total Hashrate
2022 YE
2.1
EH/S
26.4
J/TH
Average
NameplateASIC efficiency
NameplateASIC efficiency
Nameplate
Power
Infrastructure
Power
Infrastructure
305
MW
Largest US
Deployer of Next Generation BITMAIN Hydro-Cooled Technology
2023 YE Projected Power Infrastructure across all US sites
500
MW
ABOUT
MERKLE
STANDARD
Merkle Standard is guided by its two core tenets: accelerating sustainability within digital assets mining and developing a vertically-integrated platform. Our flagship mining facility features 225 MW of power infrastructure, 900 acres of land, and over 350,000 square feet of usable open building space, the Washington facility is key to our vision.
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Powering
the digital currency movement SUSTAINABILITY
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Portion of the grid's supply utilises hydroelectric generation
85% hydro is based on the power generation within our area, there is an abundance of dams in the Ponderay region with ample water from ice thaw and rain flowing down the rivers.
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24/7 Interruptible Energy Load
To support the grid and our local community, Merkle Standard operates a curtailable load, scaling down operations in times of intense energy demand to give back to the grid while ensuring a balanced and stable load can be supported in these times of need.
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Projected to be net carbon-negative by 2023 YE
All Merkle sites are operated in a manner to minimize carbon emitted into the atmosphere, with renewable energy sources making up the bulk of our portfolio and the remaining power being balanced out with renewable energy credits (REC's)
WHY
MERKLE STANDARD
Catapulted by years of mining experience - Merkle Standard's key roadmap to develop one of North America's largest self-mining digital asset mining platforms.
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Through our joint venture with BITMAIN, we scale fast and efficiently in the rapidly changing mining industry.
Long Term Mining Experience
Our top flight management capitalizes on their years of expertise in blockchain and crypto mining verticals to identify emerging opportunities in the space.
NET ZERO 100%
Carbon Free Power ‘23YE
Low Cost Operator
Through our vertically-integrated mining platform, Merkle Standard mitigates costs and risks associated with the volatile hosting market.
Relationships with key stakeholders in the mining industry value chain have allowed us to generate strong cost savings.
Relationships with key stakeholders in the mining industry value chain have allowed us to generate strong cost savings.
Merkle Standard's Roadmap
Catapulted by years of mining experience - Merkle Standard's key roadmap to develop one of North America's largest self-mining digital asset mining platforms.
Phase
0
Phase
1
Phase
2
2020
Operates First Mining Farm
Q2.
Predecessor Mining Co. Deploys ASIC and GPU Miners in WA
Q3.
Expands Local Team
Q4.
Manages Vertically Integrated MW Mining Farm
2021
Acquires Flagship WA Site
Q1.
Acquires 225 MW Ponderay Site
Q2.
Development of first 100 MW Begins
Q3.
Local WA Site Management Team Doubles in Size
Q4.
Acquires 2.5 (EH/s) of BITMAIN Latest Generation ASICs
2022
Merkle's 500 MW Expansion Plan
Q1.
Deploys First Phase at Ponderay Site Merkle Signs 500 MW Joint Venture Agreement with BITMAIN
Q2.
Begins Development of Other Expansion Sites in the US
Q3.
Deploys 4.6 (EH/s) of Total Mining Between Ponderay and Expansion Site
Q4.
Begins Development of Multiple Sites within 600 MW Pipeline
Merkle Standard in The News
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Frequently Asked Questions
What is Blockchain?
Blockchain is a record-keeping system in which transactions are conducted with a cryptocurrency, such as Bitcoin. These transactions are catalogued on a decentralized set of computers linked on a peer-to-peer network.
What is Proof of Work?
Proof of work (PoW) is issued by cryptocurrencies to validate the transactions that occur in their networks in which one party proves to others that meaningful computational work or effort has been completed. Verifiers (miners) can subsequently confirm this process with minimal effort. These networks are usually built on technology.
What is an ASIC?
An "ASIC" or application-specific integrated circuit is an integrated circuit chip created and designed particular use, rather than for general use. ASICs miner's use to mine Bitcoin are designed to one produce Bitcoin as efficient as possible.
What are Blocks?
Blocks are files that record sets of transactions. Blocks are then entered into the blockchain, and are logged into the network and are permanent.
What is Hashrate?
Hash rate is the the amount of computer processing power dedicated to a specific network, most notably, Bitcoin. Bitcoin mining is a vital process that keeps the digital currency’s network maintained and secured. Specifically, ASIC miners are usually rated on a TH/s basis. The "overall" Bitcoin hash rate is expressed as exashashes per second (EH/s).
Merkle Standard is committed to building North America's largest sustainable digital asset mining platform. With a specific focus on vertical-integration, the company has prioritized renewable energy at its developed sites.
