Bitcoin Mining Firm Cleanspark Purchases Mining Rigs Worth $43.6M

  • Based on the corporation, it could save 25% using discounts.
  • The brand new purchase will prove to add 2.44 EH/s to Cleanspark’s existing 6.6 EH/of computing power.

Bitcoin mining company Cleanspark has spent $43.six million on 20,000 Antminer S19j Pro+ machines. Based on the corporation, it could save 25% using discounts, getting the ultimate cost lower to $32.3 million.

Based on the bitcoin miner, shipping from the mining rigs is scheduled to summarize through the month’s finish. When they’re completely functional, they’ll add 2.44 EH/s to Cleanspark’s existing 6.6 EH/of computing power, getting their SHA256 hashpower to 9 EH/s.

Additional 15,000 ASIC Miners

Cleanspark has announced it would install 15,000 ASIC miners at its Washington, Georgia location. It’s entirely possible that a few of the new ASICs will be delivered to their other facilities in the united states. As the crypto winter of 2022 was rough for bitcoin miners, the big rise in bitcoin (BTC) prices in 2023 helps mining companies.

Zach Bradford, Chief executive officer of Cleanspark mentioned:

“Building and owning our very own mining campuses at multiple locations gives us an amount of agility and reliability that can’t be achieved otherwise. As machines are sent to us we’ll have rackspace awaiting them at our sites.”

The Cleanspark executive added:

“This is the benefit of proprietary mining or even the ‘prop mining’ model. We exercise tremendous control of our infrastructure and, therefore, our capability to be highly efficient in the manner we allocate our sources.”

Even though the stock cost of Cleanspark has came by 33.4% within the last six several weeks, it’s rose by 68.66% this season. Regardless of the purchase announcement, CLSK stock fell 4.78 percent in comparison to the dollar around the previous buying and selling day. 

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